Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-01 View latest technical analysis

10 day averaged volume of Steel Authority is 38586753

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	119.30	123.50	123.50	118.70	0.606 times
31 Wed Jan 2024	122.50	121.50	124.30	120.70	0.739 times
30 Tue Jan 2024	121.20	121.70	124.85	120.65	1.404 times
29 Mon Jan 2024	120.45	120.50	121.65	118.00	1.185 times
25 Thu Jan 2024	119.10	115.90	119.95	114.00	1.629 times
24 Wed Jan 2024	115.05	109.85	115.50	109.00	0.966 times
23 Tue Jan 2024	108.80	114.90	114.90	108.00	0.752 times
22 Mon Jan 2024	114.90	115.00	116.00	113.65	0.384 times
19 Fri Jan 2024	114.10	114.30	114.85	113.50	0.374 times
18 Thu Jan 2024	113.05	113.10	114.05	107.50	1.015 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 119.5 as stoploss in an intra day sell trade for a target of 116.17. However, stock will show a bullish move above 119.5.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	81.80
Downside Target	92.20
Downside Target	107.50
Downside Target	112.20
Downside Target	115.70
Upside Target	119.95
Upside Target	123.50
Upside Target	124.85
Upside Target	125.75
Upside Target	126.90

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	116.58
Downside Intraday Target	113.87
Upside Intraday Target	123.43
Upside Intraday Target	127.57
Upside Intraday Target	120.72

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	119.30	120.50	124.85	118.00	1.055 times
25 Thu Jan 2024	119.10	115.00	119.95	108.00	0.745 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

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
01 Thu Feb 2024	119.30	123.50	123.50	118.70	0.033 times
31 Wed Jan 2024	122.50	123.65	126.90	107.50	0.623 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

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 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 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 losing momentum.

MACD generated a BUY signal for Steel Authority in short term and the buy signal is strong.

Steel Authority Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

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 117.54 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 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.