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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.

10 day averaged volume of Steel Authority is 89692470

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 92.80 92.00 95.35 89.90 1.339 times
13 Tue Apr 2021 90.70 85.35 91.70 85.35 0.717 times
12 Mon Apr 2021 84.70 91.90 91.95 83.45 1.082 times
09 Fri Apr 2021 94.35 96.75 98.00 92.30 0.783 times
08 Thu Apr 2021 95.60 91.35 98.50 91.35 1.385 times
07 Wed Apr 2021 89.80 91.50 92.30 89.25 0.536 times
06 Tue Apr 2021 91.05 91.90 93.40 89.15 1.497 times
05 Mon Apr 2021 89.65 86.50 90.00 83.55 1.671 times
01 Thu Apr 2021 83.85 79.65 84.40 79.55 0.976 times
31 Wed Mar 2021 78.80 79.15 80.15 78.00 0.34 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90.1, but if it comes below 90.1, then a intra day sell could be more profitable.
If you take a sell trade below 90.1, then use 90.1 as stoploss and 81.35 as target. However if you take a buy trade in stock , then use 90.1 as stoploss and 100.5 as target.

Share price targets for Steel Authority (SAIL)

Target Type Value
Downside Target 47.90
Downside Target 55.30
Downside Target 57.60
Downside Target 67.10
Downside Target 73.90
Downside Target 77.50
Downside Target 81.50
Downside Target 83.45
Downside Target 83.55
Downside Target 84.40
Upside Target 95.35
Upside Target 98.50

Intraday share price targets for Steel Authority (SAIL)

Target Type Value
Downside Intraday Target 85.72
Downside Intraday Target 78.63
Upside Intraday Target 97.62
Upside Intraday Target 102.43
Downside Intraday Target 90.53

Weekly technical analysis of Steel Authority (SAIL)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 92.80 91.90 95.35 83.45 0.534 times
09 Fri Apr 2021 94.35 86.50 98.50 83.55 2.523 times
01 Thu Apr 2021 83.85 78.45 84.40 78.00 0.812 times
26 Fri Mar 2021 76.75 73.00 77.50 67.60 1.045 times
19 Fri Mar 2021 73.50 72.95 78.30 67.10 1.426 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 Thu Apr 2021 92.80 79.65 98.50 79.55 0.792 times
31 Wed Mar 2021 78.80 77.50 81.50 67.10 0.942 times
25 Thu Feb 2021 73.20 58.55 73.90 57.60 0.65 times
29 Fri Jan 2021 57.65 73.95 80.30 55.30 1.441 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)

Indicator Name Indicator Value Indicator Signal
ADX 33, 19, 25 Buy
MACD 10, 9Buy
Stochastics 60None
CCI 63Buy
RSI 59Buy
OBV 621501662Sell
VWAP 90Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

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 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Steel Authority ( (SAIL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Steel Authority stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Steel Authority in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steel Authority Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Steel Authority in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 90.07 and Steel Authority (SAIL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Steel Authority charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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