Overall Technical outlook

Price Summary

The stock of SAIL fell -3.08% today, reflecting a lousy market performance.
On 2025-08-14, Steel Authority of India Limited's stock started at 124.2, soared to 124.35, dropped to 120.2, and finished the day -3.08% down at 120.37, with a trading volume of 7864040 shares.
Over the course of 52 weeks, the stock peaked at 141.36 and hit a low of 100.02.
The expected price range is between 85.0 and 155.0, with a mean anticipated price of 121.08, according to 25 analysts.

Technicals

Support and Resistance: The current price sits at 120.37, supported at 117.24 and capped by resistance at 122.7. These levels define a range for SAIL where the price might stabilize, with 117.24 as a floor and 122.7 as a ceiling.
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Support/Resistance for SAIL


Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Aroon chart for Steel Authority of India Limited


Bol. Bands: The BOLL BANDS 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.
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Bolinger Bands chart for Steel Authority of India Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term.
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Parabolic Stop and Reverse chart for Steel Authority of India Limited


Stochastic: The K-line has moved above the D-line on the stochastic indicator for SAIL, even as it stays below 20, often considered the start of a bullish move. This suggests that the market might be in the early stages of a recovery, leading to potential gains. Investors may see this as an indication of rising momentum.
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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.
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Tripple SMA chart for Steel Authority of India Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.