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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 2024-03-15 View latest technical analysis

10 day averaged volume of Steel Authority is 62014039

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	121.70	121.10	124.40	118.55	0.618 times
14 Thu Mar 2024	121.50	119.10	123.50	118.60	0.561 times
13 Wed Mar 2024	118.70	130.00	130.45	117.35	0.871 times
12 Tue Mar 2024	129.75	134.55	135.30	128.50	0.545 times
11 Mon Mar 2024	134.30	139.75	140.60	133.50	0.581 times
07 Thu Mar 2024	138.95	139.50	143.25	138.35	1.118 times
06 Wed Mar 2024	139.05	139.80	142.00	133.20	0.983 times
05 Tue Mar 2024	140.25	141.30	142.65	138.75	0.743 times
04 Mon Mar 2024	141.65	138.20	145.00	133.00	1.97 times
02 Sat Mar 2024	137.65	133.55	138.50	133.15	0.362 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.8, but if it comes above 122.8, then a intra day buy could be more profitable.
If you take a sell trade below 122.8, then use 122.8 as stoploss and 114.5 as target. However if you take a buy trade in stock , then use 122.8 as stoploss and 129.76 as target.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	82.60
Downside Target	92.20
Downside Target	107.50
Downside Target	116.00
Downside Target	120.45
Upside Target	125.65
Upside Target	133.00
Upside Target	136.00
Upside Target	138.50
Upside Target	140.60
Upside Target	145.00
Upside Target	150.00

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	112.5
Downside Intraday Target	103.3
Upside Intraday Target	135.75
Upside Intraday Target	149.8
Upside Intraday Target	126.55

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	121.70	139.75	140.60	117.35	0.66 times
07 Thu Mar 2024	138.95	138.20	145.00	133.00	1.084 times
02 Sat Mar 2024	137.65	128.00	138.50	120.45	1.218 times
23 Fri Feb 2024	128.00	128.60	134.20	125.65	0.877 times
16 Fri Feb 2024	127.45	134.25	136.00	116.00	0.585 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
15 Fri Mar 2024	121.70	123.00	145.00	117.35	0.56 times
29 Thu Feb 2024	121.20	123.50	150.00	116.00	1.652 times
31 Wed Jan 2024	122.50	123.65	126.90	107.50	0.623 times
29 Fri Dec 2023	123.65	93.00	125.75	92.20	3.531 times

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 134.17 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.