SAIL - I am not holding it as of now. Chart for learning purposes. I always have a bullish bias for a stock in a particular sector that is performing so well.
A typical example of stock taking a pause in between during its upwards journey.

More from Steve Nison
Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p

Tata Elxsi ---
— Steve Nison (@nison_steve) June 30, 2021
In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
Nifty Private Bank https://t.co/BwG1DKhhLc

I am watching a big bearish H&S top building up in Nifty Private Bank Index. Any breakdown will result in increased volatility in respective charts. For traders - definitely not a spot to be in. The index has to move beyond 19900 to negate the pattern. pic.twitter.com/IGFeyNrtQV
— The_Chartist \U0001f4c8 (@charts_zone) June 19, 2022
More from Sail
#SAIL Directionally it is headed to 140/150 levels next over short period of time. SL - todays low pic.twitter.com/1IE4eJn9px
— Dare2Dream (@Dare2Dr10109801) April 13, 2021
#Metals
#Sail Hourly Chart. We could see sellers run for cover above 126. Levels of 120 could be my stop on this one. #Metals pic.twitter.com/2CNvUZbhNY
— Dare2Dream (@Dare2Dr10109801) June 10, 2021
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