ilmscore | Prediction Details
"this was the high that this stock had made in January 2008 okay even today it is way below that level but you can see I've just connected the highs this was the high around Jan 8 this was the high around Jan 10 after that I will look at this this is like August 21 May 21 sorry and this is the first time somewhere around Jan 24th that this was challenged and this is the candle for February that it has actually moved above this trend line This is a falling trend line but still at least this whole theme of lower highs seems to be challenged here for the very first time"
By CA Rachana Phadke Ranade | March 1, 2024 | Correct
From video
Multi Year Breakout Stocks Price Action Analysis I Part 2 | CA Rachana Ranade 00:09:08 - 00:09:41
Interpreted Prediction
Steel Authority of India Limited (SAIL) has challenged its falling trend line in January 2024, after making highs in January 2008, January 2010, and May/August 2021. This suggests a potential shift from a lower highs pattern.
AI Evaluation Notes
The prediction suggested a potential shift from a lower highs pattern in January 2024. SAIL's stock price on February 13, 2026, is INR 132.50. While there have been fluctuations, the stock has generally performed well, indicating the prediction was partially correct.

Prediction Details

Ticker
SAIL
Price at the predicted date
132.5 USD

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.