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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 2024-06-06 View latest technical analysis

10 day averaged volume of Steel Authority is 37773758

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	146.90	145.00	151.80	144.30	1.509 times
05 Wed Jun 2024	145.55	138.70	147.45	128.05	1.62 times
04 Tue Jun 2024	133.05	164.90	164.90	124.80	3.032 times
03 Mon Jun 2024	166.35	168.00	168.00	163.15	0.878 times
31 Fri May 2024	158.50	160.00	161.25	156.75	0.616 times
30 Thu May 2024	157.75	161.50	162.25	156.70	0.522 times
29 Wed May 2024	162.40	162.20	165.70	160.60	0.596 times
28 Tue May 2024	162.40	167.50	169.20	161.55	0.697 times
27 Mon May 2024	166.65	170.50	171.30	166.00	0.607 times
24 Fri May 2024	169.50	167.40	172.50	167.40	0.781 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 151.7, but if it comes above 151.7, then a intra day buy could be more profitable.
If you take a sell trade below 151.7, then use 151.7 as stoploss and 140.1 as target. However if you take a buy trade in stock , then use 151.7 as stoploss and 161.32 as target.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	116.00
Downside Target	124.80
Downside Target	135.60
Downside 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	125.13
Downside Intraday Target	103.37
Upside Intraday Target	168.33
Upside Intraday Target	189.77
Downside Intraday Target	146.57

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	146.90	168.00	168.00	124.80	2.317 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steel Authority (SAIL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	146.90	168.00	168.00	124.80	0.382 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 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 losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 150.16 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.