Future Perfect: SAIL through with call options
The stock of Steel Authority of India Ltd (SAIL) closed at ₹97.75 and is ruling at a crucial level. The medium-term outlook will turn positive only if the stock manages to close above ₹108. The stock finds an immediate support at ₹82.95. As long as it holds above ₹66, the short-term outlook remains positive. A close above the key resistance at ₹108 can lift SAIL upwards to ₹151. F&O point...
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