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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 2024-01-23 View latest technical analysis

10 day averaged volume of Steel Authority is 28194634

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	108.80	114.90	114.90	108.00	1.029 times
22 Mon Jan 2024	114.90	115.00	116.00	113.65	0.525 times
19 Fri Jan 2024	114.10	114.30	114.85	113.50	0.512 times
18 Thu Jan 2024	113.05	113.10	114.05	107.50	1.389 times
17 Wed Jan 2024	113.10	117.85	117.85	112.50	2.124 times
16 Tue Jan 2024	119.55	115.05	119.95	114.00	2.254 times
15 Mon Jan 2024	114.65	116.00	116.30	113.80	0.569 times
12 Fri Jan 2024	114.90	114.00	116.35	113.65	0.692 times
11 Thu Jan 2024	113.50	115.95	116.55	113.00	0.588 times
10 Wed Jan 2024	115.05	114.00	115.65	112.20	0.744 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 107.6, for a target of 112.6 or 116.72

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
Upside Target	111.30
Upside Target	115.70
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	105.87
Downside Intraday Target	102.93
Upside Intraday Target	113.87
Upside Intraday Target	118.93
Upside Intraday Target	110.93

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	108.80	115.00	116.00	108.00	0.227 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 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
23 Tue Jan 2024	108.80	123.65	126.90	107.50	0.423 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong 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 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 coming down

CCI has generated a SELL signal for Steel Authority in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 114.57 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.