SAIL Gann Analysis

SAIL. STEEL AUTHORITY OF INDIA LTD is in a Prolong uptrend since October 2020. Price has gone up by 5 times in last 10 months. Currently the stock has been consolidating in a range since last few weeks. Well we should rather look it as preparations for a next leg of rally above the High of MAY. The HARMONIC and VIBRATION PATTERNS here would give a strong breakout above the zone of 156 to 163 on cash for the PATTERN Targets of 180 and 198 in coming weeks. Above 171 price also would give a HEXAGON Breakout whose Targets are placed at 210 and 270 in coming months. HARM MONIC CHANNEL also is Suggesting similar targets. So Price is strong enough. Moving on to TIME now. Starting with Price and Time Squaring Dates would be on 20th Aug,23rd Sep,9th Oct,26th of October 2021. Weekly Price Time Squaring would happen in the week starting on 27th December 2021. Other TIME CYCLE DATES WOULD COME AT 10th of Aug,16th of Aug,24th of Aug,8th of Sep,20th of Sep,1st of October and 14th of October 2021. You need to have patience to trade such Patterns and make 40 to 50% of gains on your holdings. Because Patterns take TIME to develop and Deliver.