In this post, we are going to do a complete analysis about SAIL company, what are the products of this company, how the company's Quarterly and Annual Result is performing. What are the technical charts of the company saying and on the basis of technical analysis, at what levels do the targets come out in front of it for the future?

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Product: Friends, before investing in any company, it is most important to know about that company, which product does that company make? Will the demand for this product remain the same in the coming times as it is today?

If we talk about SAIL company, then to know about the product of this less company, we have to go to the official website of this company. By clicking on this link, you can see all the products of SAIL company in a good way.

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Technical Analysis: Now if we talk about the technical chart of SAIL company, then as you see we have done technical analysis of SAIL in a Monthly time frame. 

In which you can see that SAIL has given an upward breakout ending a long-running downtrend and the most important thing to note is that the volume at the time of breakout has increased significantly.

Target: Now we analyze its target on the basis of technical analysis in Share. If seen in this way, it is very difficult to estimate the target of any company.

Because, how will the company's fundamentals perform in the future? There was no guesswork about it. However, by using some indicators from technical analysis, we have estimated the target for the future.

If we talk about the target of SAIL company share for 2022, then the level of ₹182, which is an important level of Fibonacci Retracement.

Just above this is the resistance of ₹ 230 from where the stock price can retrace downwards. This level can be the target for 2023.

If we talk about the share price target for 2024 then SAIL has a lifetime high which is ₹295 level.

If you want to stay invested in SAIL company till 2025 and want to predict a target for that then based on Fibonacci Retracement we have worked out a target for 2025 which is a level of ₹470. Where the stock can take a decent amount of retracement.

If you are a very long-term investor and want to stay invested in SAIL till 2030, then the level of ₹ 754 can be very easy to achieve for you.

According to ticker.finology.in, in the fourth quarter of 2020 (Q4FY20), the company sold 16,171.79 crores, in which it made a profit of 1,456.01 crores after paying tax. Similarly, in the first quarter of 2020 (Q1FY20), the company made a sale of 9,077.48 crores, in which the company had a loss of -714.39 one crore after paying tax.

Friends, if we talk about the company's annual report, according to ticker.finology.in, the company sold 39,051.88 crores in 2016 (FY16), in which the company lost -4,021 crores. In the next year March 2017 (FY17), the company did a business of 44,452.41 crores, in which the company had a loss of -2,833.24 crores.

Friends, in this post we analyzed in detail about SAIL company and if you know our opinion about this company then, in my opinion, the company has not come in Life Time Uptrend yet. Because if you check the Fibonacci Retracement from its Lifetime High to Lifetime Low then you can see that the price is currently trading below the 0.618 Retracement level.

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From this level, the price can retracement downwards. Now it will be necessary to see how SAIL trades at this level.

Friends, from this post you must have got a rough idea about SAIL. So that you can decide whether to stay invested in SAIL or not? If you liked this post, then do share it with your friends and if you have any questions related to this then I must ask in the comment.