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2020 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
03 Fri Jul 30.85 32.40 32.40 30.60 381.55 lakhs
02 Thu Jul 31.20 30.70 31.60 30.25 340.03 lakhs
01 Wed Jul 30.35 30.60 30.70 30.00 220.1 lakhs
30 Tue Jun 30.40 30.00 31.45 29.90 486.14 lakhs
29 Mon Jun 29.55 30.65 30.70 29.20 215.71 lakhs
SAIL chart

My analysis of stock is bullish for shortterm, and stock might move up till 31.7 or till 32.9. Use a stoploss of 30.62 and if this stock hits its stoploss, then it can fall down till 29.59

  • Daily Price action analysis of 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.

  • 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 30.85 as on 03 Fri Jul 15:33

Day open is at 32.40, day high is at 32.40, day low is at 30.60, and day volume is at 16233.26 lakhs so far.

First 15 minute high low range is 31.70 - 32.40

First hour high low range is 31.40 - 32.40

Date Intraday Price Open High Low Volume
03 Fri Jul 15:33 30.85 32.40 32.40 30.60 38123908
03 Fri Jul 15:30 30.75 32.40 32.40 30.60 38123908
03 Fri Jul 15:25 30.75 32.40 32.40 30.70 36968405
03 Fri Jul 15:20 31.05 32.40 32.40 30.75 35661457
03 Fri Jul 15:15 30.95 32.40 32.40 30.75 33668868
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: 32.05 or 31.1125
  • Upside target: 32.4
  • Downside target : 31
  • Second Upside target: 31.63
  • Second Downside target : 29.83

Steel Authority (SAIL) weekly technical analysis

Date Weekly Close Open Range Volume
03 Fri Jul 30.85 30.65 29.20
32.40
1643.537 lakhs
26 Fri Jun 30.50 30.15 30.10
33.45
1778.488 lakhs
19 Fri Jun 30.15 29.95 28.65
31.15
1375.288 lakhs
12 Fri Jun 30.35 34.35 28.35
35.10
1510.066 lakhs
05 Fri Jun 33.40 30.70 30.05
33.80
1666.418 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 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
03 Fri Jul 30.85 30.60 30.00
32.40
941.686 lakhs
30 Tue Jun 30.40 30.70 28.35
35.10
7032.111 lakhs
29 Fri May 30.15 29.55 26.55
30.80
4150.574 lakhs
30 Thu Apr 31.85 23.05 21.50
32.25
4718.627 lakhs
31 Tue Mar 23.05 36.65 20.15
37.20
7515.467 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 Daily stock price targets

  • Upside daily target: 33.63
  • Upside daily target: 32
  • Downside daily target: 30.26
  • Downside daily target: 28.63

Steel Authority Weekly stock price targets

  • Upside weekly target: 35.48
  • Upside weekly target: 33.65
  • Upside weekly target: 31.9
  • Downside weekly target: 30.3
  • Downside weekly target: 28.83
  • Downside weekly target: 26.7
  • Downside weekly target: 25.4

Steel Authority Monthly stock price targets

  • Upside monthly target: 53.88
  • Upside monthly target: 48.21
  • Upside monthly target: 44.53
  • Upside monthly target: 41.6
  • Upside monthly target: 39.45
  • Upside monthly target: 37.43
  • Upside monthly target: 33.38
  • Upside monthly target: 31.41
  • Downside monthly target: 29.58
  • Downside monthly target: 27.8
  • Downside monthly target: 26
  • Downside monthly target: 13.08

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

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. 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 buy signal for Steel Authority in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 30.92 and Steel Authority SAIL stock is trading below this level. This means that stock is falling with high volumes. 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