Overall Technical outlook

Price Summary

In today's trading session, SAIL's shares skyrocketed by 4.15%, marking a remarkable day.
Steel Authority of India Limited's stock started the year at 158.99, climbed to a high of 168.21, fell to 158.8, and closed 4.15% up at 165.59, with 21841878 shares traded on 2026-03-02.
In the last 52 weeks, the stock's top price was 165.71 and the bottom price was 104.63.
SAIL's future price is expected to lie between 90.0 and 190.0, with an average expectation of 131.46153, as per the recommendations of 26 analysts.

Technicals


Aroon: Aroon's bullish trend continues, with Aroon Up remaining at the 100 level. This indicates sustained bullish momentum, but to fully understand the trend's implications, it should be analyzed alongside other indicators. A more comprehensive assessment will provide a clearer picture of the direction.
SAIL aroon 187d5c
Aroon chart for Steel Authority of India Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
SAIL bbands 187d5c
Bolinger Bands chart for Steel Authority of India Limited


Parabolic SAR: The PSAR for SAIL maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
SAIL psar 187d5c
Parabolic Stop and Reverse chart for Steel Authority of India Limited


Stochastic: The stochastic indicator for SAIL shows a bullish signal, with the K-line positioned above the D-line and also above the 80 mark. This suggests strong upward momentum, indicating that the market may continue to trend higher. Traders might view this as a sign of continued strength and potential buying opportunities.
SAIL stoch 187d5c
Stochastic chart for Steel Authority of India Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon.
SAIL trippleSMA 187d5c
Tripple SMA chart for Steel Authority of India Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.