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Sensex, Nifty, Stock Price Live Updates: The short-term outlook is bullish for Steel Authority of India Limited (SAIL). The stock has surged over 5 per cent so far this week breaking above a key resistance level of ₹180. This marks the end of the corrective fall that was in place since June. A cup and handle pattern on the daily chart also strengthen the bullish case. The level of ₹180 will now act as a good support and limit the downside. SAIL share price can rise to ₹202-₹205 from here.
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