Overall Technical outlook

Price Summary

On 2025-09-04, Steel Authority of India Limited's stock began at 130.0, climbed to 130.21, dropped to 127.22, and had -1.87% to end at 127.57, with a volume of 7798644 shares.
Over the course of 52 weeks, the stock peaked at 141.36 and hit a low of 100.02.
25 analysts estimate that the future price of SAIL will fall between 85.0 and 155.0, with an average price expectation of approximately 121.08.

Technicals

Support and Resistance: The price of 127.57 is supported at 122.7 and faces resistance at 133.83. This range suggests key levels for SAIL where the price may stabilize, with 122.7 acting as a support and 133.83 as a cap on gains.
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Support/Resistance for SAIL


Aroon: The continuation of Aroon's bullish trend, with Aroon Up remaining at 100, signals strong momentum. However, to fully assess the trend's future potential, it should be analyzed in conjunction with other technical indicators.
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Aroon chart for Steel Authority of India Limited


Bol. Bands: As the price falls below the upper Bollinger Band, it suggests a potential shift to a downward trend. This movement may indicate that the asset's recent uptrend is losing steam, prompting traders to anticipate a decline. Such a signal could be interpreted as a warning of an overbought condition, where the price correction is likely, making it a critical juncture for trading decisions.
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Bolinger Bands chart for Steel Authority of India Limited


Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
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Parabolic Stop and Reverse chart for Steel Authority of India Limited


Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for SAIL. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth.
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Stochastic chart for Steel Authority of India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Tripple SMA chart for Steel Authority of India Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.