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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 2024-01-22 View latest technical analysis

10 day averaged volume of Steel Authority is 28896309

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	114.90	115.00	116.00	113.65	0.513 times
19 Fri Jan 2024	114.10	114.30	114.85	113.50	0.499 times
18 Thu Jan 2024	113.05	113.10	114.05	107.50	1.355 times
17 Wed Jan 2024	113.10	117.85	117.85	112.50	2.073 times
16 Tue Jan 2024	119.55	115.05	119.95	114.00	2.2 times
15 Mon Jan 2024	114.65	116.00	116.30	113.80	0.556 times
12 Fri Jan 2024	114.90	114.00	116.35	113.65	0.675 times
11 Thu Jan 2024	113.50	115.95	116.55	113.00	0.573 times
10 Wed Jan 2024	115.05	114.00	115.65	112.20	0.725 times
09 Tue Jan 2024	114.20	115.20	116.60	113.75	0.588 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 113.2 as stoploss in an intra day buy trade for a target of 116.96. However, stock will show a bearish move below 113.2.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	81.80
Downside Target	90.85
Downside Target	103.65
Downside Target	107.50
Downside Target	111.30
Upside Target	116.00
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	113.7
Downside Intraday Target	112.5
Upside Intraday Target	116.05
Upside Intraday Target	117.2
Downside Intraday Target	114.85

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	114.90	115.00	116.00	113.65	0.077 times
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

Price has moved up 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
22 Mon Jan 2024	114.90	123.65	126.90	107.50	0.398 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 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. Bulls 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 115.14 and Steel Authority (SAIL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.