Stock of the day : Buy SAIL Ltd For Target Rs. 124

2025-04-02 10:47:18 am | Source: Religare Broking

Stock of the day : Buy SAIL Ltd For Target Rs. 124 - Religare Broking Ltd

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SAIL Ltd

Buy SAIL Ltd CMP 116.88 Range 116-117 SL 113 Target 124

* The stock has established a solid foundation, consolidating tightly around its 200 WEMA support.

* A breakout from this range, accompanied by rising volumes, indicates a gradual recovery.

* Furthermore, the stock has broken out of a falling channel pattern, suggesting potential shift in trend.

* The chart structure presents a fresh buying opportunity for a new leg of up move.

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Stock of the day : Buy SAIL Ltd For Target Rs. 124 - Religare Broking Ltd

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