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MARKET OUTLOOKSAILSTOCK OUTLOOK

SAIL Outlook for the Week (July 31, 2023 – August 04, 2023)

SAIL Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

SAIL closed the previous week on a negative note losing 4.50%

Technically, SAIL share price will see immediate support at 90.13 and immediate resistance would be seen at 94.33

If SAIL share price closes below immediate support of 90.13, then sharp breakdown can be seen. SAIL share price will see major support at 87.57 for the week.

On the positive side, immediate resistance will be seen at 94.33. Closing above 94.33, SAIL share price will see a sharp breakout. Major resistance for SAIL share price will be seen at 95.97 for the week.

Trading range for SAIL share price for this week should be between 85.93 on down side and 98.53 on up side.

SAIL Previous Week High: 93.4

SAIL Previous Week Low: 89.2

SAIL Previous Week Range: 4.2 Points

SAIL share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 98.53
Resistance 2 95.97
Resistance 1 94.33
Support 1 90.13
Support 2 87.57
Support 3 85.93

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