STEEL AUTHORITY OF INDIA
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Sail looking good on daily chart in short term

482
Long purple line coming from all time high downwards and on 30th april price broke that line gracefully with 7 rupees big green candle along with good volume and till now that purple line is not breached and assuming its not gonna breach and assuming we can see a pullback when the price touches this time also.
On 24 may and 23 aug we can see price bounce back .
Also upward channel can be seen here and in future, assuming price is gonna run between it.
So further downside is maximum 110.



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