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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
27 Wed Jan 57.30 58.00 60.00 56.75 644.29 lakhs
25 Mon Jan 58.25 59.50 60.20 56.50 525.93 lakhs
22 Fri Jan 58.20 64.85 65.35 56.00 1209.62 lakhs
21 Thu Jan 64.85 67.20 67.45 64.30 410.04 lakhs
20 Wed Jan 66.75 66.35 67.45 66.00 306.15 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 55.3, for a target of 63.5 or 70.36

  • Daily Price action analysis of 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.

  • Daily Price action analysis of SAIL based on a short to mid term time period is

  • 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 57.30 as on 27 Wed Jan 15:33

Day open is at 58.00, day high is at 60.00, day low is at 56.75, and day volume is at 27323.95 lakhs so far.

First 15 minute high low range is 56.95 - 58.00

First hour high low range is 56.75 - 58.00

Date Intraday Price Open High Low Volume
27 Wed Jan 15:33 57.30 58.00 60.00 56.75 64304934
27 Wed Jan 15:30 57.20 58.00 60.00 56.75 64304934
27 Wed Jan 15:25 57.45 58.00 60.00 56.75 63260514
27 Wed Jan 15:20 57.40 58.00 60.00 56.75 62173248
27 Wed Jan 15:15 57.10 58.00 60.00 56.75 60645118
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: 57.48 or 57.7
  • Upside target: 58
  • Downside target : 55.9
  • Second Upside target: 58.65
  • Second Downside target : 55.4

Steel Authority (SAIL) weekly technical analysis

Date Weekly Close Open Range Volume
27 Wed Jan 57.30 59.50 56.50
60.20
1170.215 lakhs
22 Fri Jan 58.20 69.90 56.00
69.90
3503.392 lakhs
15 Fri Jan 70.15 77.10 66.65
77.80
7322.108 lakhs
08 Fri Jan 77.05 75.50 75.20
80.30
2940.755 lakhs
01 Fri Jan 74.50 61.00 60.60
75.75
3680.73 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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
27 Wed Jan 57.30 73.95 56.00
80.30
15635.391 lakhs
31 Thu Dec 74.10 48.60 47.90
74.70
12817.703 lakhs
27 Fri Nov 48.45 34.50 34.00
49.70
6441.93 lakhs
30 Fri Oct 34.35 34.25 32.65
37.00
4248.622 lakhs
30 Wed Sep 33.75 38.90 32.65
42.25
6533.313 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 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: 76.25
  • Upside daily target: 72.15
  • Upside daily target: 68.43
  • Upside daily target: 63
  • Upside daily target: 59.23
  • Downside daily target: 55.53
  • Downside daily target: 52.43

Steel Authority Weekly stock price targets

  • Upside weekly target: 82.7
  • Upside weekly target: 78.21
  • Upside weekly target: 73.98
  • Upside weekly target: 70.31
  • Upside weekly target: 65.9
  • Upside weekly target: 62.08
  • Upside weekly target: 58.75
  • Downside weekly target: 55.38
  • Downside weekly target: 51.4
  • Downside weekly target: 47.16
  • Downside weekly target: 44.63

Steel Authority Monthly stock price targets

  • Upside monthly target: 87.8
  • Upside monthly target: 68.8
  • Upside monthly target: 62.4
  • Downside monthly target: 56.93
  • Downside monthly target: 47.2
  • Downside monthly target: 44.5
  • Downside monthly target: 41.23
  • Downside monthly target: 38
  • Downside monthly target: 36.05
  • Downside monthly target: 33.5
  • Downside monthly target: 30.55
  • Downside monthly target: 28.4
  • Downside monthly target: 26.68

Steel Authority (SAIL) indicators technical analysis

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.

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

MACD generated a SELL signal for Steel Authority in short term but the sell signal is initial and weak.

Steel Authority Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 66.07 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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