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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 2024-09-12 View latest technical analysis

10 day averaged volume of Steel Authority is 13912308

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	130.69	129.50	131.07	126.90	1.385 times
11 Wed Sep 2024	126.97	129.08	129.99	126.29	0.944 times
10 Tue Sep 2024	129.14	128.00	131.05	127.91	0.906 times
09 Mon Sep 2024	127.91	128.90	129.35	126.11	1.41 times
06 Fri Sep 2024	129.38	131.40	131.95	128.30	1.235 times
05 Thu Sep 2024	131.22	130.55	132.30	130.46	0.624 times
04 Wed Sep 2024	130.46	129.00	131.84	128.70	1.363 times
03 Tue Sep 2024	131.78	132.51	133.60	131.26	0.79 times
02 Mon Sep 2024	133.17	133.86	134.14	131.71	0.906 times
30 Fri Aug 2024	133.69	134.59	136.05	133.35	0.936 times

My analysis of stock is bearish for shortterm, and stock might move down till 129.2 or till 125.9. Use a stoploss of 131.99 and if the stock hits stoploss, then it can shoot up till 134.75

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Upside Target	134.14
Upside Target	135.30
Upside Target	135.39
Upside Target	138.78
Upside Target	151.00
Upside Target	156.35
Upside Target	158.75
Upside Target	168.00
Upside Target	175.35

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	127.51
Downside Intraday Target	124.33
Upside Intraday Target	132.47
Upside Intraday Target	134.25
Downside Intraday Target	129.29

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	130.69	128.90	131.07	126.11	0.945 times
06 Fri Sep 2024	129.38	133.86	134.14	128.30	0.835 times
30 Fri Aug 2024	133.69	133.39	138.78	131.85	1.058 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

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
12 Thu Sep 2024	130.69	133.86	134.14	126.11	0.26 times
30 Fri Aug 2024	133.69	154.05	156.35	125.00	0.8 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

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 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 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 LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining 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 130.26 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.