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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 2024-06-19 View latest technical analysis

10 day averaged volume of Steel Authority is 40317454

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	149.95	154.05	154.05	149.50	0.468 times
18 Tue Jun 2024	153.41	154.39	155.14	152.50	0.464 times
14 Fri Jun 2024	153.63	149.70	153.90	147.76	0.75 times
13 Thu Jun 2024	149.63	151.80	152.52	149.00	0.425 times
12 Wed Jun 2024	151.01	151.30	152.65	150.55	0.478 times
11 Tue Jun 2024	151.01	151.12	153.00	149.50	0.508 times
10 Mon Jun 2024	150.60	152.60	153.00	150.05	0.58 times
07 Fri Jun 2024	152.75	146.95	153.85	145.60	1.022 times
06 Thu Jun 2024	146.90	145.00	151.80	144.30	1.414 times
05 Wed Jun 2024	145.55	138.70	147.45	128.05	1.518 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 146.6 as stoploss in an intra day buy trade for a target of 155.97. However, stock will show a bearish move below 146.6.

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	156.70
Upside Target	166.45
Upside Target	168.00
Upside Target	170.50
Upside Target	171.30
Upside Target	175.35

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	147.92
Downside Intraday Target	145.89
Upside Intraday Target	153.56
Upside Intraday Target	157.17
Upside Intraday Target	151.53

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	149.95	154.39	155.14	149.50	0.34 times
14 Fri Jun 2024	153.63	152.60	153.90	147.76	0.36 times
07 Fri Jun 2024	152.75	168.00	168.00	124.80	2.676 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

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
19 Wed Jun 2024	149.95	168.00	168.00	124.80	0.655 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Steel Authority Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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

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 149.63 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 negative.

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