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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 2024-06-04 View latest technical analysis

10 day averaged volume of Steel Authority is 32243281

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	133.05	164.90	164.90	124.80	3.552 times
03 Mon Jun 2024	166.35	168.00	168.00	163.15	1.028 times
31 Fri May 2024	158.50	160.00	161.25	156.75	0.721 times
30 Thu May 2024	157.75	161.50	162.25	156.70	0.611 times
29 Wed May 2024	162.40	162.20	165.70	160.60	0.699 times
28 Tue May 2024	162.40	167.50	169.20	161.55	0.817 times
27 Mon May 2024	166.65	170.50	171.30	166.00	0.711 times
24 Fri May 2024	169.50	167.40	172.50	167.40	0.915 times
23 Thu May 2024	169.30	168.75	169.95	166.50	0.762 times
22 Wed May 2024	169.05	175.00	175.35	167.10	1.673 times

Stock of Steel Authority (SAIL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 143.6, for a target of 153.8 or 162.37

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	116.00
Downside Target	124.80
Upside Target	135.60
Upside Target	145.00
Upside Target	150.00
Upside Target	156.70
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	115.9
Downside Intraday Target	98.75
Upside Intraday Target	159.1
Upside Intraday Target	185.15
Upside Intraday Target	141.95

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	133.05	168.00	168.00	124.80	1.287 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 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
04 Tue Jun 2024	133.05	168.00	168.00	124.80	0.212 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 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Steel Authority in short term but the sell signal is initial and weak.

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 red color and prices are below the red 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 positive zone. This is a BUY 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 155.44 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.