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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 2024-02-08 View latest technical analysis

10 day averaged volume of Steel Authority is 72038115

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	139.05	144.25	145.90	138.00	0.483 times
07 Wed Feb 2024	143.45	148.40	150.00	142.65	1.399 times
06 Tue Feb 2024	145.50	137.25	146.70	133.80	1.686 times
05 Mon Feb 2024	135.30	130.00	138.40	130.00	1.814 times
02 Fri Feb 2024	128.30	120.50	129.65	119.80	1.604 times
01 Thu Feb 2024	119.30	123.50	123.50	118.70	0.325 times
31 Wed Jan 2024	122.50	121.50	124.30	120.70	0.396 times
30 Tue Jan 2024	121.20	121.70	124.85	120.65	0.752 times
29 Mon Jan 2024	120.45	120.50	121.65	118.00	0.635 times
25 Thu Jan 2024	119.10	115.90	119.95	114.00	0.872 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 132.3, but if it comes below 132.3, then a intra day sell could be more profitable.
If you take a sell trade below 132.3, then use 132.3 as stoploss and 121.79 as target. However if you take a buy trade in stock , then use 132.3 as stoploss and 144.9 as target.

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	117.60
Downside Target	119.95
Downside Target	125.75
Downside Target	126.90
Downside Target	129.65
Downside Target	130.00
Upside Target	150.00

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	129.37
Downside Intraday Target	119.68
Upside Intraday Target	149.37
Upside Intraday Target	159.68
Upside Intraday Target	139.68

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	139.05	130.00	150.00	130.00	1.45 times
02 Fri Feb 2024	128.30	120.50	129.65	118.00	1.857 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

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
08 Thu Feb 2024	139.05	123.50	150.00	118.70	0.739 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 up 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 Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 132.77 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.