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Stock analysis Steel Authority of India Limited SAIL

More indepth analysis on MunafaSutra.com

Moving Averages for Steel Authority of India Limited

  • 5Day Average: 148.16
  • 12Day Average: 149.17
  • 20Day Average: 144.22
  • 50Day Average: 134.82
  • 100Day Average: 123.91
  • 150Day Average: 112.34
  • 200Day Average: 107.1

SAIL Indicators & signals

Indicator MACD (12,26,9)

147.53, 142.51, 5.16
Indicator MACD is in positive zone

Indicator ADX (14)

16.11, 28.04, 20.26
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SAIL Steel Authority of India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Apr 2024 152.25 148.40 to 152.95 2.59% 0.86 times
22 Mon Apr 2024 148.40 147.10 to 151.10 1.61% 0.58 times
19 Fri Apr 2024 146.05 140.80 to 147.50 0.86% 0.74 times
18 Thu Apr 2024 144.80 144.00 to 151.60 -3.01% 0.67 times
16 Tue Apr 2024 149.30 148.40 to 152.45 -1.16% 0.65 times
15 Mon Apr 2024 151.05 146.50 to 157.40 -2.77% 1.92 times
12 Fri Apr 2024 155.35 151.50 to 156.60 1.5% 1.58 times
10 Wed Apr 2024 153.05 152.55 to 155.50 1.12% 1.31 times
09 Tue Apr 2024 151.35 144.80 to 153.45 3.45% 1.58 times
08 Mon Apr 2024 146.30 145.30 to 148.40 0.07% 0.37 times
05 Fri Apr 2024 146.20 143.00 to 147.50 0.17% 0.6 times
04 Thu Apr 2024 145.95 143.75 to 150.00 -1.52% 0.84 times

Technical analysis forecast of Steel Authority of India Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Steel Authority of India Limited SAIL at this time. Stock is rising and might rise more.

It appears as if Steel Authority of India Limited SAIL gave a large move recently.

Stock of Steel Authority of India Limited (SAIL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Steel Authority of India Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 152.6 as stoploss in an intra day sell trade for a target of 144.54. However, stock will show a bullish move above 152.6.

More indepth analysis on MunafaSutra.com