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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 2024-05-16 View latest technical analysis

10 day averaged volume of Steel Authority is 34477240

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	163.60	168.45	168.75	161.60	0.601 times
15 Wed May 2024	166.40	165.00	168.70	165.00	0.725 times
14 Tue May 2024	164.65	158.00	166.65	158.00	1.133 times
13 Mon May 2024	157.05	157.35	157.85	151.00	0.608 times
10 Fri May 2024	156.90	154.95	157.95	151.70	0.536 times
09 Thu May 2024	153.05	161.00	161.25	152.10	0.609 times
08 Wed May 2024	160.35	156.00	161.90	155.10	0.758 times
07 Tue May 2024	156.15	163.00	163.00	155.25	0.979 times
06 Mon May 2024	162.90	168.50	168.85	158.30	1.287 times
03 Fri May 2024	167.95	167.10	170.95	164.60	2.081 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 166.9 as stoploss in an intra day sell trade for a target of 159.66. However, stock will show a bullish move above 166.9.

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	145.00
Downside Target	157.40
Downside Target	163.05
Upside Target	168.75
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	153.48
Downside Intraday Target	143.37
Upside Intraday Target	171.23
Upside Intraday Target	178.87
Downside Intraday Target	161.12

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	163.60	157.35	168.75	151.00	0.736 times
10 Fri May 2024	156.90	168.50	168.85	151.70	0.768 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

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
16 Thu May 2024	163.60	165.40	170.95	151.00	0.309 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 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 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 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 stronger in this stock.

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 but selling is losing 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 162.27 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 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.