SAIL is on the verge of giving big monthly breakout from trendline. It is one of the few PSU stocks which have not shown rally in past couple of years. We can expect huge upside in this stock given the improved profitability and efficiency of the company.
Definitely a must have stock in portfolio if interested to invest in metal sector. However, metal sector is highly cyclic and have higher risk associated.
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An amazing dip seen in past couple of weeks. Long term investors should not miss this breakout.