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2021 Steel Authority (SAIL) technical analysis [forecast] stock price targets

Steel Authority technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Steel Authority deals in Iron & Steel Steel Authority option chain analysis

Date Close Open High Low Volume
17 Fri Sep 115.15 120.50 120.50 114.35 490.77 lakhs
16 Thu Sep 119.60 121.15 122.65 119.30 273.25 lakhs
15 Wed Sep 120.75 120.55 121.90 119.55 312.4 lakhs
14 Tue Sep 120.65 120.95 121.70 119.70 228.59 lakhs
13 Mon Sep 120.25 123.25 123.40 119.10 352.75 lakhs
SAIL chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 114.9, for a target of 117.5 or 119.65

  • Daily Price action analysis of SAIL based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of SAIL based on a 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.

Intraday technical analysis of Steel Authority

Stock is trading at 110.40 as on 20 Mon Sep 11:55

Day open is at 111.00, day high is at 113.25, day low is at 107.80, and day volume is at 8460.61 lakhs so far.

First 15 minute high low range is 108.80 - 111.05

First hour high low range is 107.80 - 113.25

Date Intraday Price Open High Low Volume
20 Mon Sep 11:55 110.40 111.00 113.25 107.80 35608143
20 Mon Sep 11:50 110.15 111.00 113.25 107.80 34217537
20 Mon Sep 11:45 110.70 111.00 113.25 107.80 33624649
20 Mon Sep 11:40 110.85 111.00 113.25 107.80 33358539
20 Mon Sep 11:35 111.10 111.00 113.25 107.80 33088233
Intraday SAIL chart

Trend of Steel Authority is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Steel Authority (SAIL) intraday stock price targets

  • EntEntry: 109.93 or 116.0875
  • Upside target: 111.05
  • Downside target : 106.55
  • Second Upside target: 117.83
  • Second Downside target : 111.68

Steel Authority (SAIL) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 115.15 123.25 114.35
123.40
1657.761 lakhs
09 Thu Sep 122.20 123.00 119.15
123.40
1181.349 lakhs
03 Fri Sep 122.45 118.85 118.30
125.00
1734.128 lakhs
27 Fri Aug 118.25 122.00 112.55
122.90
2878.559 lakhs
20 Fri Aug 119.00 135.00 116.10
136.35
1700.458 lakhs
weekly SAIL chart

Weekly forecast of Steel Authority is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Steel Authority 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.

Weekly Price action analysis of Steel Authority 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.

Steel Authority (SAIL) Monthly technical analysis

Date Monthly Close Open Range Volume
17 Fri Sep 115.15 121.40 114.35
125.00
3821.868 lakhs
31 Tue Aug 121.60 143.50 112.55
144.30
11459.894 lakhs
30 Fri Jul 142.05 131.70 120.80
145.90
11048.529 lakhs
30 Wed Jun 130.60 127.50 119.55
139.75
13795.459 lakhs
31 Mon May 126.60 119.20 116.45
151.30
19771.845 lakhs
monthly SAIL chart

Monthly forecast of Steel Authority is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Steel Authority based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Monthly Price action analysis of Steel Authority 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.

Steel Authority Daily stock price targets

  • Upside daily target: 126.38
  • Upside daily target: 120.21
  • Downside daily target: 111.68

Steel Authority Weekly stock price targets

  • Upside weekly target: 153.65
  • Upside weekly target: 142.65
  • Upside weekly target: 134.3
  • Upside weekly target: 127.68
  • Upside weekly target: 120.98
  • Downside weekly target: 110.23

Steel Authority Monthly stock price targets

  • Upside monthly target: 156.53
  • Upside monthly target: 145.28
  • Upside monthly target: 136.41
  • Upside monthly target: 125.08
  • Upside monthly target: 117.21
  • Downside monthly target: 110.44
  • Downside monthly target: 101.2
  • Downside monthly target: 87.8
  • Downside monthly target: 77.23
  • Downside monthly target: 72.95
  • Downside monthly target: 68.98
  • Downside monthly target: 62.14
  • Downside monthly target: 43.98

Steel Authority (SAIL) indicators technical analysis

Price action analysis of Steel Authority (SAIL) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 red color and prices are in or above 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 120.11 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.

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chart SAIL