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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 2024-10-10 View latest technical analysis

10 day averaged volume of Steel Authority is 33568351

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	129.97	131.00	132.95	129.62	0.385 times
09 Wed Oct 2024	130.33	131.40	133.32	129.86	0.421 times
08 Tue Oct 2024	131.37	130.60	133.62	127.84	1.193 times
07 Mon Oct 2024	132.19	139.97	140.52	130.72	0.844 times
04 Fri Oct 2024	139.01	136.55	140.60	134.14	0.951 times
03 Thu Oct 2024	137.03	138.55	141.65	136.15	1.05 times
01 Tue Oct 2024	141.03	141.39	142.12	137.89	0.731 times
30 Mon Sep 2024	141.36	141.40	143.94	140.35	1.138 times
27 Fri Sep 2024	140.54	140.00	144.20	139.66	1.131 times
26 Thu Sep 2024	139.20	135.00	139.59	132.30	1.484 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 129 as stoploss in an intra day buy trade for a target of 133.51. However, stock will show a bearish move below 129.

Share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Target	123.80
Upside Target	134.08
Upside Target	135.30
Upside Target	140.52
Upside Target	142.12
Upside Target	143.94
Upside Target	144.20
Upside Target	156.35
Upside Target	158.75
Upside Target	168.00

Intraday share price targets for Steel Authority (SAIL)

Target Type	Value
Downside Intraday Target	125.03
Downside Intraday Target	120.1
Upside Intraday Target	137.71
Upside Intraday Target	145.46
Upside Intraday Target	132.78

Weekly technical analysis of Steel Authority (SAIL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	129.97	139.97	140.52	127.84	0.735 times
04 Fri Oct 2024	139.01	141.40	143.94	134.14	0.728 times
27 Fri Sep 2024	140.54	126.50	144.20	126.50	2.405 times
20 Fri Sep 2024	126.28	133.00	134.08	123.80	0.875 times
13 Fri Sep 2024	132.20	128.90	134.39	126.11	1.24 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
10 Thu Oct 2024	129.97	141.39	142.12	127.84	0.422 times
30 Mon Sep 2024	141.36	133.86	144.20	123.80	0.868 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 137.09 and Steel Authority (SAIL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.