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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 2024-06-03 View latest technical analysis

10 day averaged volume of Steel Authority is 30491101

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	166.35	168.00	168.00	163.15	1.087 times
31 Fri May 2024	158.50	160.00	161.25	156.75	0.763 times
30 Thu May 2024	157.75	161.50	162.25	156.70	0.646 times
29 Wed May 2024	162.40	162.20	165.70	160.60	0.739 times
28 Tue May 2024	162.40	167.50	169.20	161.55	0.864 times
27 Mon May 2024	166.65	170.50	171.30	166.00	0.752 times
24 Fri May 2024	169.50	167.40	172.50	167.40	0.968 times
23 Thu May 2024	169.30	168.75	169.95	166.50	0.805 times
22 Wed May 2024	169.05	175.00	175.35	167.10	1.77 times
21 Tue May 2024	174.35	170.15	175.10	166.45	2.18 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 as stoploss in an intra day sell trade for a target of 163.52. However, stock will show a bullish move above 169.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	116.00
Downside Target	135.60
Downside Target	145.00
Downside Target	150.00
Downside Target	156.70
Downside Target	163.15
Upside Target	166.45
Upside Target	168.85
Upside Target	170.50
Upside Target	171.30
Upside Target	171.60
Upside Target	175.35

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	163.67
Downside Intraday Target	160.98
Upside Intraday Target	168.52
Upside Intraday Target	170.68
Downside Intraday Target	165.83

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	166.35	168.00	168.00	163.15	0.289 times
31 Fri May 2024	158.50	170.50	171.30	156.70	0.658 times
24 Fri May 2024	169.50	170.15	175.35	166.45	1.193 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

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
03 Mon Jun 2024	166.35	168.00	168.00	163.15	0.048 times
31 Fri May 2024	158.50	165.40	175.35	151.00	0.588 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Steel Authority ( (SAIL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a short to mid 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 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.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Steel Authority in short term but BUY 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 167.3 and Steel Authority (SAIL) stock is trading below this level. This means that stock is falling with high volumes. 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.