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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 2024-08-19 View latest technical analysis

10 day averaged volume of Steel Authority is 31475908

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	131.32	130.00	131.65	129.25	0.466 times
16 Fri Aug 2024	128.28	127.77	128.68	126.60	0.5 times
14 Wed Aug 2024	125.23	129.05	129.50	125.00	0.706 times
13 Tue Aug 2024	128.14	132.20	132.50	127.72	0.52 times
12 Mon Aug 2024	131.70	129.25	132.95	127.10	1.061 times
09 Fri Aug 2024	129.35	136.00	137.16	128.89	2.424 times
08 Thu Aug 2024	137.45	141.30	141.30	136.50	0.821 times
07 Wed Aug 2024	141.63	139.80	142.85	137.21	0.708 times
06 Tue Aug 2024	135.46	139.29	141.50	134.68	0.737 times
05 Mon Aug 2024	136.62	141.00	142.00	135.00	1.579 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 131.4, but if it comes above 131.4, then a intra day buy could be more profitable.
If you take a sell trade below 131.4, then use 131.4 as stoploss and 121.5 as target. However if you take a buy trade in stock , then use 131.4 as stoploss and 139.6 as target.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	124.80
Downside Target	128.89
Upside Target	142.85
Upside Target	147.98
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	129.83
Downside Intraday Target	128.34
Upside Intraday Target	132.23
Upside Intraday Target	133.14
Downside Intraday Target	130.74

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	131.32	130.00	131.65	129.25	0.167 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
26 Fri Jul 2024	147.39	141.40	147.98	135.30	1.16 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
19 Mon Aug 2024	131.32	154.05	156.35	125.00	0.573 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 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 SELL signal for Steel Authority in short term and the sell signal is strong.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Steel Authority is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 132.57 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.