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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 2024-08-08 View latest technical analysis

10 day averaged volume of Steel Authority is 28291231

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	137.45	141.30	141.30	136.50	0.914 times
07 Wed Aug 2024	141.63	139.80	142.85	137.21	0.788 times
06 Tue Aug 2024	135.46	139.29	141.50	134.68	0.82 times
05 Mon Aug 2024	136.62	141.00	142.00	135.00	1.757 times
02 Fri Aug 2024	146.23	147.73	148.18	145.10	1.048 times
01 Thu Aug 2024	150.03	154.05	156.35	149.03	1.318 times
31 Wed Jul 2024	153.04	149.50	154.01	147.66	1.263 times
30 Tue Jul 2024	148.10	147.47	149.61	146.30	0.435 times
29 Mon Jul 2024	147.74	149.14	150.00	146.80	0.535 times
26 Fri Jul 2024	147.39	145.00	147.98	143.84	0.916 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 140.4, but if it comes above 140.4, then a intra day buy could be more profitable.
If you take a sell trade below 140.4, then use 140.4 as stoploss and 134.2 as target. However if you take a buy trade in stock , then use 140.4 as stoploss and 145.65 as target.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Downside Target	134.68
Upside Target	140.83
Upside Target	151.00
Upside Target	153.95
Upside Target	156.35
Upside Target	158.22
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	133.8
Downside Intraday Target	130.16
Upside Intraday Target	141.97
Upside Intraday Target	146.5
Upside Intraday Target	138.33

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	137.45	141.00	142.85	134.68	0.93 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
19 Fri Jul 2024	141.82	151.00	153.95	140.83	0.847 times
12 Fri Jul 2024	150.42	156.50	158.22	146.35	0.795 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
08 Thu Aug 2024	137.45	154.05	156.35	134.68	0.294 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 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 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 gaining momentum.

MACD generated a SELL signal for Steel Authority in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Steel Authority in short term and SELL signal is strong!

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 144.08 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.