SAIL - Hammer at ascending triangle support
Note: This is for educational purpose only. Please do not trade F&O based on this analysis.
There seems to be a bullish hammer at ascending triangle support. Moreover, this coincides with 50 EMA. RSI above 50 indicates bullish momentum.
During price fall, there was a decrease in volume which indicates weak sellers.
SL: 62.50₹
There seems to be a bullish hammer at ascending triangle support. Moreover, this coincides with 50 EMA. RSI above 50 indicates bullish momentum.
During price fall, there was a decrease in volume which indicates weak sellers.
SL: 62.50₹
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