Overall Technical outlook

Price Summary

Steel Authority of India Limited's shares dived -2.06% today, reflecting a lousy day on the market.
On 2025-10-17, Steel Authority of India Limited's stock opened at 131.38, peaked at 132.16, hit a low of 128.02, and closed -2.06% down at 128.68, with 13008071 shares changing hands.
During the past 52 weeks, the highest stock price was 137.48, and the lowest was 100.02.
As per recommendations from 25 analysts, SAIL's future price is expected to span between 85.0 and 155.0, with a mean price around 121.08.

Technicals

Support and Resistance: The price of 128.68 is supported at 122.7 and capped by resistance at 128.77. These levels mark key points for Steel Authority of India Limited where the price could find stability, with 122.7 as a floor and 128.77 as a ceiling.
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Support/Resistance for SAIL


Aroon: The current reading of the AROON is neutral for SAIL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Aroon chart for Steel Authority of India Limited


Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Bolinger Bands chart for Steel Authority of India Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure.
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Parabolic Stop and Reverse chart for Steel Authority of India Limited


Stochastic: The STOCHASTIC is in a neutral stance for SAIL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Stochastic chart for Steel Authority of India Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for SAIL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Tripple SMA chart for Steel Authority of India Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.