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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 2024-05-07 View latest technical analysis

10 day averaged volume of Steel Authority is 62603431

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	156.15	163.00	163.00	155.25	0.539 times
06 Mon May 2024	162.90	168.50	168.85	158.30	0.709 times
03 Fri May 2024	167.95	167.10	170.95	164.60	1.146 times
02 Thu May 2024	165.45	165.40	168.25	163.60	0.707 times
30 Tue Apr 2024	164.20	165.80	168.70	163.05	0.649 times
29 Mon Apr 2024	164.80	169.90	170.20	164.35	0.487 times
26 Fri Apr 2024	168.55	165.40	170.50	163.65	1.456 times
25 Thu Apr 2024	164.95	164.80	167.25	162.30	0.955 times
24 Wed Apr 2024	164.65	153.10	165.95	151.55	2.819 times
23 Tue Apr 2024	152.25	149.70	152.95	148.40	0.639 times

My analysis of stock is bearish for shortterm, and stock might move down till 148.1 or till 138.3. Use a stoploss of 156.19 and if the stock hits stoploss, then it can shoot up till 164.32

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	107.50
Downside Target	116.00
Downside Target	126.90
Downside Target	135.60
Downside Target	140.80
Downside Target	144.80
Downside Target	155.25
Upside Target	163.05
Upside Target	168.85
Upside Target	170.50
Upside Target	170.95

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	151.32
Downside Intraday Target	146.48
Upside Intraday Target	164.92
Upside Intraday Target	173.68
Upside Intraday Target	160.08

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	156.15	168.50	168.85	155.25	0.418 times
03 Fri May 2024	167.95	169.90	170.95	163.05	0.474 times
26 Fri Apr 2024	168.55	148.25	170.50	147.10	2.12 times
19 Fri Apr 2024	146.05	152.90	157.40	140.80	0.826 times
12 Fri Apr 2024	155.35	147.30	156.60	144.80	0.736 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
07 Tue May 2024	156.15	165.40	170.95	155.25	0.164 times
30 Tue Apr 2024	164.20	135.60	170.50	135.60	1.243 times
28 Thu Mar 2024	134.25	123.00	145.00	117.35	0.809 times
29 Thu Feb 2024	121.20	123.50	150.00	116.00	1.652 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 tired and bears are picking up momentum.

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 164.29 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.