Overall Technical outlook

Price Summary

On 2026-04-09, Steel Authority of India Limited's shares started at 164.41, peaked at 168.71, bottomed out at 162.21, and ended -0.64% down at 163.35, with 21942909 shares traded.
During the past 52 weeks, the highest stock price was 165.71, and the lowest was 0.0.
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

Support and Resistance: The current price of 163.35 for SAIL finds support at 157.18 and resistance at 165.59. These levels define a range in which the price might oscillate, with 157.18 as a potential support and 165.59 as a resistance level.
SAIL supportResistance 679865
Support/Resistance for SAIL


Aroon: The AROON 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 aroon 679865
Aroon chart for Steel Authority of India Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for SAIL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
SAIL bbands 679865
Bolinger Bands chart for Steel Authority of India Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
SAIL psar 679865
Parabolic Stop and Reverse chart for Steel Authority of India Limited


Stochastic: The stochastic indicator for SAIL shows the K-line falling below the D-line, while remaining above 80, suggesting a possible beginning of a bearish price move. This configuration may indicate that the market's upward momentum is losing steam, potentially leading to a downward trend. Traders should watch closely for further confirmation of this shift.
SAIL stoch 679865
Stochastic chart for Steel Authority of India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
SAIL trippleSMA 679865
Tripple SMA chart for Steel Authority of India Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.