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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 2024-06-26 View latest technical analysis

10 day averaged volume of Steel Authority is 28857215

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	143.97	147.45	147.59	143.60	1.09 times
25 Tue Jun 2024	147.01	150.80	151.42	146.10	0.868 times
24 Mon Jun 2024	149.85	152.91	152.91	148.50	1.416 times
21 Fri Jun 2024	155.44	154.60	159.30	153.91	2.409 times
20 Thu Jun 2024	154.03	150.50	154.30	150.50	0.986 times
19 Wed Jun 2024	149.95	154.05	154.05	149.50	0.653 times
18 Tue Jun 2024	153.41	154.39	155.14	152.50	0.648 times
14 Fri Jun 2024	153.63	149.70	153.90	147.76	1.048 times
13 Thu Jun 2024	149.63	151.80	152.52	149.00	0.593 times
12 Wed Jun 2024	151.01	151.30	152.65	150.55	0.668 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.8, but if it comes above 144.8, then a intra day buy could be more profitable.
If you take a sell trade below 144.8, then use 144.8 as stoploss and 136.5 as target. However if you take a buy trade in stock , then use 144.8 as stoploss and 151.64 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	143.60
Upside Target	153.90
Upside Target	156.70
Upside Target	159.30
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	140.74
Downside Intraday Target	137.52
Upside Intraday Target	150.05
Upside Intraday Target	156.14
Upside Intraday Target	146.83

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	143.97	152.91	152.91	143.60	0.718 times
21 Fri Jun 2024	155.44	154.39	159.30	149.50	1.226 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

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
26 Wed Jun 2024	143.97	168.00	168.00	124.80	0.935 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 neutral. A longer time frame might give a better analysis.

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

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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling is losing 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 151.36 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.