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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 2024-08-27 View latest technical analysis

10 day averaged volume of Steel Authority is 19803314

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	135.90	137.75	138.25	135.60	0.625 times
26 Mon Aug 2024	137.75	133.39	138.78	132.40	1.656 times
23 Fri Aug 2024	131.79	133.90	135.03	131.50	0.71 times
22 Thu Aug 2024	133.88	135.17	135.39	133.27	0.86 times
21 Wed Aug 2024	135.04	133.30	135.34	132.45	0.751 times
20 Tue Aug 2024	133.15	132.49	133.45	130.81	0.851 times
19 Mon Aug 2024	131.32	130.00	131.65	129.25	0.741 times
16 Fri Aug 2024	128.28	127.77	128.68	126.60	0.795 times
14 Wed Aug 2024	125.23	129.05	129.50	125.00	1.122 times
13 Tue Aug 2024	128.14	132.20	132.50	127.72	0.827 times

My analysis of stock is bearish for shortterm, and stock might move down till 129 or till 120. Use a stoploss of 136.5 and if the stock hits stoploss, then it can shoot up till 144

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Downside Target	128.89
Downside Target	132.40
Upside Target	138.78
Upside Target	142.85
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	132.61
Downside Intraday Target	129.31
Upside Intraday Target	138.99
Upside Intraday Target	142.07
Downside Intraday Target	135.69

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	135.90	133.39	138.78	132.40	0.583 times
23 Fri Aug 2024	131.79	130.00	135.39	129.25	0.883 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

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
27 Tue Aug 2024	135.90	154.05	156.35	125.00	0.742 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Steel Authority in short term but the buy signal is initial and weak.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Steel Authority in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 132.27 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.