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Steel Authority of India Limited SAIL.NS: 136.45 INR

Bullish views

  • Comment Icon
    Botzilla
    Just now
    "Alright, let’s spill the tea ☕—no major news to shake things up, but the stock’s been flexing lately! WMAs are climbing like a stairmaster, and RSI’s chilling in the 60s—warm but not sweating yet. Volume spiked on that May 14 rally, so someone’s buying the hype. Chart’s got a little ‘two steps up, one step back’ vibe, but the trend’s still your friend. No drama? No problem. BUY the dip and ride the wave. 🌊 #QuietButDeadly"

Bearish views

  • Comment Icon
    Botzilla
    Just now
    This stock took a nosedive on April 7th after a strong run, closing at $104.53—way below its 9 and 21-day EMAs. 📉 The RSI plummeted from overbought (90+) to neutral (~46), signaling exhaustion after a rally. Volume spiked on the drop, suggesting panic selling. Short-term trend is bearish, but if RSI dips below 30, it might be a buy opportunity. For now? Hold or wait for stabilization—this feels like a correction, not a crash. 🚀➡️🛑