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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 2024-08-20 View latest technical analysis

10 day averaged volume of Steel Authority is 29977674

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	133.15	132.49	133.45	130.81	0.562 times
19 Mon Aug 2024	131.32	130.00	131.65	129.25	0.49 times
16 Fri Aug 2024	128.28	127.77	128.68	126.60	0.525 times
14 Wed Aug 2024	125.23	129.05	129.50	125.00	0.741 times
13 Tue Aug 2024	128.14	132.20	132.50	127.72	0.546 times
12 Mon Aug 2024	131.70	129.25	132.95	127.10	1.114 times
09 Fri Aug 2024	129.35	136.00	137.16	128.89	2.545 times
08 Thu Aug 2024	137.45	141.30	141.30	136.50	0.862 times
07 Wed Aug 2024	141.63	139.80	142.85	137.21	0.744 times
06 Tue Aug 2024	135.46	139.29	141.50	134.68	0.774 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 130.8 as stoploss in an intra day buy trade for a target of 139.09. However, stock will show a bearish move below 130.8.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Downside Target	128.89
Downside Target	132.95
Upside Target	142.85
Upside Target	147.98
Upside Target	151.00
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	130.45
Downside Intraday Target	127.75
Upside Intraday Target	134.65
Upside Intraday Target	136.15
Downside Intraday Target	131.95

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	133.15	130.00	133.45	129.25	0.359 times
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

Price has moved up 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
20 Tue Aug 2024	133.15	154.05	156.35	125.00	0.6 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 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 131.85 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 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.