ilmscore | Prediction Details
"now if I go to a weekly time frame so on a weekly time frame I've just drawn few few lines again so just to save on some time okay now if you see here this was a high a low a lower high lower low now if I were to focus only on this channel okay if you see here the stock was again in this similar Trend or similar Zone in in a similar Channel where it was continuously forming a like a high a low a lower high a lower low and here this was the first time that the previous High got challenged it went up also formed a high higher low so here you can imagine this is like a higher high this is like a higher low now it has been moving again in an upward Direction"
By CA Rachana Phadke Ranade | March 1, 2024 | Pending
From video
Multi Year Breakout Stocks Price Action Analysis I Part 2 | CA Rachana Ranade 00:09:55 - 00:10:36
Interpreted Prediction
On the weekly chart, Steel Authority of India Limited (SAIL) has moved out of a downtrend channel, breaking the previous high and forming a higher high and a higher low, indicating an upward movement.

Prediction Details

Ticker
SAIL

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