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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 2024-07-19 View latest technical analysis

10 day averaged volume of Steel Authority is 31870197

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	141.82	147.45	147.45	140.83	1.077 times
18 Thu Jul 2024	147.89	150.80	150.80	146.70	0.769 times
16 Tue Jul 2024	150.99	152.50	153.95	150.60	0.535 times
15 Mon Jul 2024	152.03	151.00	153.20	148.80	1.368 times
12 Fri Jul 2024	150.42	152.55	153.33	149.17	0.513 times
11 Thu Jul 2024	151.85	151.85	153.15	150.59	0.954 times
10 Wed Jul 2024	150.87	156.20	156.30	146.35	1.252 times
09 Tue Jul 2024	155.99	157.30	158.22	155.19	0.661 times
08 Mon Jul 2024	156.48	156.50	158.00	154.21	1.045 times
05 Fri Jul 2024	155.61	151.40	158.75	149.85	1.965 times

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 141, for a target of 145.9 or 150.01

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	117.35
Downside Target	124.80
Downside Target	135.60
Downside Target	140.83
Upside Target	145.00
Upside Target	149.50
Upside Target	158.22
Upside Target	158.75
Upside Target	159.30
Upside Target	168.00
Upside Target	170.50
Upside Target	175.35

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	137.12
Downside Intraday Target	132.41
Upside Intraday Target	150.24
Upside Intraday Target	158.65
Upside Intraday Target	145.53

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	141.82	151.00	153.95	140.83	0.847 times
12 Fri Jul 2024	150.42	156.50	158.22	146.35	0.795 times
05 Fri Jul 2024	155.61	149.90	158.75	145.40	0.779 times
28 Fri Jun 2024	148.65	152.91	152.91	137.20	1.68 times
21 Fri Jun 2024	155.44	154.39	159.30	149.50	1.226 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 Fri Jul 2024	141.82	149.90	158.75	140.83	0.561 times
28 Fri Jun 2024	148.65	168.00	168.00	124.80	1.123 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

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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 and selling is picking up 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 151.75 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.