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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 2024-08-16 View latest technical analysis

10 day averaged volume of Steel Authority is 33629639

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	128.28	127.77	128.68	126.60	0.468 times
14 Wed Aug 2024	125.23	129.05	129.50	125.00	0.661 times
13 Tue Aug 2024	128.14	132.20	132.50	127.72	0.487 times
12 Mon Aug 2024	131.70	129.25	132.95	127.10	0.993 times
09 Fri Aug 2024	129.35	136.00	137.16	128.89	2.268 times
08 Thu Aug 2024	137.45	141.30	141.30	136.50	0.769 times
07 Wed Aug 2024	141.63	139.80	142.85	137.21	0.663 times
06 Tue Aug 2024	135.46	139.29	141.50	134.68	0.69 times
05 Mon Aug 2024	136.62	141.00	142.00	135.00	1.478 times
02 Fri Aug 2024	146.23	147.73	148.18	145.10	0.882 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 132.1, but if it comes above 132.1, then a intra day buy could be more profitable.
If you take a sell trade below 132.1, then use 132.1 as stoploss and 122.5 as target. However if you take a buy trade in stock , then use 132.1 as stoploss and 140.12 as target.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Upside Target	128.89
Upside Target	132.95
Upside Target	140.83
Upside Target	151.00
Upside Target	153.95
Upside Target	156.35
Upside Target	158.75
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	124.54
Downside Intraday Target	120.79
Upside Intraday Target	132.49
Upside Intraday Target	136.69
Upside Intraday Target	128.74

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	128.28	129.25	132.95	125.00	0.445 times
09 Fri Aug 2024	129.35	141.00	142.85	128.89	1.517 times
02 Fri Aug 2024	146.23	149.14	156.35	145.10	0.939 times
26 Fri Jul 2024	147.39	141.40	147.98	135.30	1.16 times
19 Fri Jul 2024	141.82	151.00	153.95	140.83	0.847 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
16 Fri Aug 2024	128.28	154.05	156.35	125.00	0.55 times
31 Wed Jul 2024	153.04	149.90	158.75	135.30	0.819 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

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 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 losing 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 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 133.92 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.