SAIL channel

One of the visitor of blog have pointed out the there is pannent in the SAIL and I looked at it. While He had spoted it well and there is also breakout on the up side but the volume at the breakout is not very convinsing and movement would be sideward to upward.




While I would like to highlight the Channel in this stock. Till the time the channel is not broken on the lower side one can stay bullish on this stock.