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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 2024-01-19 View latest technical analysis

10 day averaged volume of Steel Authority is 29731545

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	114.10	114.30	114.85	113.50	0.485 times
18 Thu Jan 2024	113.05	113.10	114.05	107.50	1.317 times
17 Wed Jan 2024	113.10	117.85	117.85	112.50	2.015 times
16 Tue Jan 2024	119.55	115.05	119.95	114.00	2.138 times
15 Mon Jan 2024	114.65	116.00	116.30	113.80	0.54 times
12 Fri Jan 2024	114.90	114.00	116.35	113.65	0.656 times
11 Thu Jan 2024	113.50	115.95	116.55	113.00	0.557 times
10 Wed Jan 2024	115.05	114.00	115.65	112.20	0.705 times
09 Tue Jan 2024	114.20	115.20	116.60	113.75	0.572 times
08 Mon Jan 2024	114.30	117.10	117.60	114.00	0.734 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 113 as stoploss in an intra day buy trade for a target of 116.85. However, stock will show a bearish move below 113.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	81.80
Downside Target	90.85
Downside Target	102.15
Downside Target	107.50
Downside Target	111.30
Upside Target	115.70
Upside Target	117.15
Upside Target	117.60
Upside Target	119.95
Upside Target	125.75
Upside Target	126.90

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	107.75
Downside Intraday Target	101.4
Upside Intraday Target	120.2
Upside Intraday Target	126.3
Downside Intraday Target	113.85

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	114.10	116.00	119.95	107.50	2.015 times
12 Fri Jan 2024	114.90	117.10	117.60	112.20	0.635 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steel Authority (SAIL)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	114.10	123.65	126.90	107.50	0.385 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Steel Authority ( (SAIL) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Steel Authority Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 115.09 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.