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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
09 Fri Apr 94.35 96.75 98.00 92.30 702.29 lakhs
08 Thu Apr 95.60 91.35 98.50 91.35 1242.25 lakhs
07 Wed Apr 89.80 91.50 92.30 89.25 480.66 lakhs
06 Tue Apr 91.05 91.90 93.40 89.15 1342.89 lakhs
05 Mon Apr 89.65 86.50 90.00 83.55 1499.12 lakhs
SAIL chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 97.1, for a target of 87.3 or 79.1

  • Daily Price action analysis of SAIL based on a short 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of SAIL based on a 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.

Intraday technical analysis of Steel Authority

Stock is trading at 85.85 as on 12 Mon Apr 13:10

Day open is at 91.90, day high is at 91.95, day low is at 85.00, and day volume is at 18229.23 lakhs so far.

First 15 minute high low range is 88.10 - 91.95

First hour high low range is 88.00 - 91.95

Date Intraday Price Open High Low Volume
12 Mon Apr 13:10 85.85 91.90 91.95 85.00 63250827
12 Mon Apr 13:05 86.30 91.90 91.95 85.00 62565939
12 Mon Apr 13:00 86.25 91.90 91.95 85.00 62066077
12 Mon Apr 12:55 86.75 91.90 91.95 85.00 61329827
12 Mon Apr 12:50 86.95 91.90 91.95 85.00 60379269
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: 90.03 or 94.2375
  • Upside target: 91.95
  • Downside target : 84.25
  • Second Upside target: 96.18
  • Second Downside target : 90.48

Steel Authority (SAIL) weekly technical analysis

Date Weekly Close Open Range Volume
09 Fri Apr 94.35 86.50 83.55
98.50
5267.22 lakhs
01 Thu Apr 83.85 78.45 78.00
84.40
2087.974 lakhs
26 Fri Mar 76.75 73.00 67.60
77.50
2571.167 lakhs
19 Fri Mar 73.50 72.95 67.10
78.30
1995.502 lakhs
12 Fri Mar 72.85 73.10 69.70
75.75
1725.62 lakhs
weekly SAIL chart

Weekly forecast of Steel Authority is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Steel Authority based on a short 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.

Weekly 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 (SAIL) Monthly technical analysis

Date Monthly Close Open Range Volume
09 Fri Apr 94.35 79.65 79.55
98.50
6142.787 lakhs
31 Wed Mar 78.80 77.50 67.10
81.50
10845.918 lakhs
26 Fri Feb 76.55 58.55 57.60
77.50
13705.748 lakhs
29 Fri Jan 57.65 73.95 55.30
80.30
18474.617 lakhs
31 Thu Dec 74.10 48.60 47.90
74.70
12817.703 lakhs
monthly SAIL chart

Monthly forecast of Steel Authority is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Steel Authority based on a short 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.

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: 100.63
  • Downside daily target: 94.24
  • Downside daily target: 88.3
  • Downside daily target: 83.05
  • Downside daily target: 78.74
  • Downside daily target: 74.9
  • Downside daily target: 69.93

Steel Authority Weekly stock price targets

  • Upside weekly target: 103.9
  • Downside weekly target: 93.73
  • Downside weekly target: 88.95
  • Downside weekly target: 83.25
  • Downside weekly target: 76.8
  • Downside weekly target: 73.1
  • Downside weekly target: 68.25
  • Downside weekly target: 64.7
  • Downside weekly target: 61.33

Steel Authority Monthly stock price targets

  • Upside monthly target: 105.9
  • Downside monthly target: 92.73
  • 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: 56.93
  • Downside monthly target: 47.2
  • Downside monthly target: 43.98
  • Downside monthly target: 41.23
  • Downside monthly target: 38
  • Downside monthly target: 36.05
  • Downside monthly target: 33.5
  • Downside monthly target: 28.4

Steel Authority (SAIL) indicators technical analysis

Price action analysis of Steel Authority (SAIL) based on a short 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Steel Authority in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 86.08 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.

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chart SAIL