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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 2024-01-24 View latest technical analysis

10 day averaged volume of Steel Authority is 29396780

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	115.05	109.85	115.50	109.00	1.268 times
23 Tue Jan 2024	108.80	114.90	114.90	108.00	0.987 times
22 Mon Jan 2024	114.90	115.00	116.00	113.65	0.504 times
19 Fri Jan 2024	114.10	114.30	114.85	113.50	0.491 times
18 Thu Jan 2024	113.05	113.10	114.05	107.50	1.332 times
17 Wed Jan 2024	113.10	117.85	117.85	112.50	2.038 times
16 Tue Jan 2024	119.55	115.05	119.95	114.00	2.162 times
15 Mon Jan 2024	114.65	116.00	116.30	113.80	0.546 times
12 Fri Jan 2024	114.90	114.00	116.35	113.65	0.663 times
11 Thu Jan 2024	113.50	115.95	116.55	113.00	0.564 times

My analysis of stock is bearish for shortterm, and stock might move down till 112.6 or till 107.6. Use a stoploss of 116.7 and if the stock hits stoploss, then it can shoot up till 120.83

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	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	110.03
Downside Intraday Target	105.02
Upside Intraday Target	118.03
Upside Intraday Target	121.02
Downside Intraday Target	113.02

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	115.05	115.00	116.00	108.00	0.42 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
24 Wed Jan 2024	115.05	123.65	126.90	107.50	0.455 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 114.59 and Steel Authority (SAIL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.