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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 2024-03-18 View latest technical analysis

10 day averaged volume of Steel Authority is 51792385

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	125.95	122.00	126.60	121.45	0.604 times
15 Fri Mar 2024	121.70	121.10	124.40	118.55	0.74 times
14 Thu Mar 2024	121.50	119.10	123.50	118.60	0.672 times
13 Wed Mar 2024	118.70	130.00	130.45	117.35	1.043 times
12 Tue Mar 2024	129.75	134.55	135.30	128.50	0.653 times
11 Mon Mar 2024	134.30	139.75	140.60	133.50	0.695 times
07 Thu Mar 2024	138.95	139.50	143.25	138.35	1.339 times
06 Wed Mar 2024	139.05	139.80	142.00	133.20	1.177 times
05 Tue Mar 2024	140.25	141.30	142.65	138.75	0.89 times
04 Mon Mar 2024	141.65	138.20	145.00	133.00	2.359 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 122.7 as stoploss in an intra day buy trade for a target of 129.64. However, stock will show a bearish move below 122.7.

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
Downside Target	125.65
Upside Target	133.00
Upside Target	134.20
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	122.73
Downside Intraday Target	119.52
Upside Intraday Target	127.88
Upside Intraday Target	129.82
Downside Intraday Target	124.67

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	125.95	122.00	126.60	121.45	0.159 times
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

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
18 Mon Mar 2024	125.95	123.00	145.00	117.35	0.586 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 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 neutral. A longer time frame might give a better analysis.

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 133.54 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.