SAIL: 2h Analysis - Anticipating Bounce from Demand ZoneSteel Authority of India LimitedNSE:SAILYogirajtradingSAIL: 2h Analysis - Anticipating Bounce from Demand Zone 🚀 ​Symbol: SAIL (Steel Authority of India Limited) Exchange: NSE Timeframe: 2-Hour ​Current Price: \text{INR } 138.55 ​Analysis: SAIL has experienced a sharp pullback after a strong uptrend, with the price moving below the short-term SMAs (9 & 20 periods). The 14-period RSI is dropping significantly, indicating cooling momentum and confirming the retracement. ​Trade Setup (Potential Long Entry): The price is approaching a high-probability Demand/Liquidity Zone defined by previous consolidation. ​ENTRY: Targeting the \text{INR } 131.59 zone (Yellow Box), anticipating a reaction from this key level of demand. ​STOPLOSS: Set below the major support/demand zone at \text{INR } 127.49. ​LIQUIDITY ZONE: \text{INR } 134.00 (Green Box) - Expecting a reaction or sweep of stop-losses here before a potential bounce. ​Disclaimer: This is for educational and analysis purposes only. Trade with your own risk management.