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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 2024-05-22 View latest technical analysis

10 day averaged volume of Steel Authority is 27841879

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	169.05	175.00	175.35	167.10	1.938 times
21 Tue May 2024	174.35	170.15	175.10	166.45	2.388 times
18 Sat May 2024	169.15	167.85	171.60	167.50	0.561 times
17 Fri May 2024	166.90	164.00	169.00	164.00	0.897 times
16 Thu May 2024	163.60	168.45	168.75	161.60	0.744 times
15 Wed May 2024	166.40	165.00	168.70	165.00	0.898 times
14 Tue May 2024	164.65	158.00	166.65	158.00	1.403 times
13 Mon May 2024	157.05	157.35	157.85	151.00	0.753 times
10 Fri May 2024	156.90	154.95	157.95	151.70	0.664 times
09 Thu May 2024	153.05	161.00	161.25	152.10	0.754 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 169.1 as stoploss in an intra day sell trade for a target of 164.05. However, stock will show a bullish move above 169.1.

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	145.00
Downside Target	163.05
Downside Target	166.45
Upside Target	170.50
Upside Target	170.95
Upside Target	171.60
Upside Target	175.35

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	165.22
Downside Intraday Target	161.38
Upside Intraday Target	174.12
Upside Intraday Target	179.18
Upside Intraday Target	170.28

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	169.05	170.15	175.35	166.45	0.823 times
18 Sat May 2024	169.15	157.35	171.60	151.00	1.018 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

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
22 Wed May 2024	169.05	165.40	175.35	151.00	0.445 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 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 gaining 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 166.23 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.