Chart Check: Multibagger in making? SAIL could rally more than 100% in next 12 months
The stock saw some selling pressure from the levels of Rs 151-63.50 in the period September 2021-June 2022 which was 61.80% retracement of its previous up move. In terms of price action, the stock price is trading above the crucial short- and long-term moving averages of 5,10,30,50,100 and 200-DMA which is a positive sign for the bulls.
