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(SAIL) Steel Authority complete technical analysis [charts+indicators] | Buy/Sell Steel Authority | (SAIL) share price targets

Complete technical analysis of Steel Authority (SAIL) by charts plus indicators, forecast predictions and share price targets for Steel Authority (SAIL)

Steel Authority trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-01-11 View latest technical analysis

10 day averaged volume of Steel Authority is 38904053

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	113.50	115.95	116.55	113.00	0.426 times
10 Wed Jan 2024	115.05	114.00	115.65	112.20	0.539 times
09 Tue Jan 2024	114.20	115.20	116.60	113.75	0.437 times
08 Mon Jan 2024	114.30	117.10	117.60	114.00	0.561 times
05 Fri Jan 2024	116.95	119.50	120.75	115.70	0.586 times
04 Thu Jan 2024	118.65	119.25	120.70	118.25	0.551 times
03 Wed Jan 2024	119.10	122.40	122.70	118.70	0.783 times
02 Tue Jan 2024	123.00	124.65	124.65	120.25	0.995 times
01 Mon Jan 2024	124.70	123.65	126.90	122.65	0.965 times
29 Fri Dec 2023	123.65	123.30	125.75	120.85	1.682 times

My analysis of stock is bearish for shortterm, and stock might move down till 110.3 or till 104. Use a stoploss of 115.47 and if the stock hits stoploss, then it can shoot up till 120.68

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	81.80
Downside Target	90.85
Downside Target	97.75
Downside Target	102.15
Downside Target	111.30
Upside Target	115.70
Upside Target	117.15
Upside Target	117.60
Upside Target	125.75
Upside Target	126.90

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	111.27
Downside Intraday Target	109.03
Upside Intraday Target	116.67
Upside Intraday Target	119.83
Upside Intraday Target	114.43

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	113.50	117.10	117.60	112.20	0.506 times
05 Fri Jan 2024	116.95	123.65	126.90	115.70	0.498 times
29 Fri Dec 2023	123.65	113.65	125.75	111.30	1.148 times
22 Fri Dec 2023	112.75	112.00	117.15	102.15	0.732 times
15 Fri Dec 2023	111.45	98.10	113.35	97.75	1.92 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Steel Authority (SAIL)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	113.50	123.65	126.90	112.20	0.199 times
29 Fri Dec 2023	123.65	93.00	125.75	92.20	3.531 times
30 Thu Nov 2023	92.30	84.00	92.50	82.60	1.312 times
31 Tue Oct 2023	83.85	94.00	94.00	81.80	0.548 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Steel Authority (SAIL)

Price action analysis of Steel Authority ( (SAIL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Steel Authority stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Steel Authority in short term but the sell signal is initial and weak.

Steel Authority Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Steel Authority in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Steel Authority is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 119.9 and Steel Authority (SAIL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Steel Authority (SAIL) stock. Volume based technical analysis of Steel Authority (SAIL) stock is negative.

Steel Authority Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.