Is Steel Authority of India Limited stock a buy or sell right now?

Based on current indicators, Steel Authority of India Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Steel Authority of India Limited’s RSI?

RSI is 65.92, showing balanced momentum within the normal range.

What does MACD indicate for SAIL.BO?

MACD at 3.72 signals bullish momentum with buyers in control.

What are Steel Authority of India Limited’s key support and resistance levels?

Support sits around $139.78, while resistance is near $172.79.

Steel Authority of India Limited

SAIL.BO•BSE

Basic Materials

Steel

₹171.40

₹4.50(2.70%)

Indian Market is Open • 13:58

Steel Authority of India Limited (SAIL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Steel Authority of India Limited (BSE:SAIL.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SAIL.BO Technical Analysis Summary

Steel Authority of India Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish (RSI: 65.92)

Trend Strength:Moderate (ADX: 22.16)

Volatility:Medium (ATR: 6.67)

Support/Resistance:$139.78 – $172.79 (Bollinger Bands)

Technical conditions suggest Steel Authority of India Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.92

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 90.26

Bearish

Overbought levels may trigger pullback.

Williams %R: -1.74

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 19.92

Strongly Bullish

Strong upside momentum.

Takeaway:Steel Authority of India Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.72

Bullish

Bullish, trend momentum is strengthening.

ADX: 22.16

Moderate

Moderate trend, direction gaining strength.

ATR (14): 6.67

High

High volatility, wide price fluctuations.

CCI (14): 107.94

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Steel Authority of India Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$172.79

Middle Band (SMA 20)

$156.28

Lower Band

$139.78

Current Position

Within Bands

Takeaway:Steel Authority of India Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$173.29

Middle Line (EMA 20)

$159.95

Lower Channel

$146.60

Squeeze Status

No Squeeze

Takeaway:Steel Authority of India Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume32.21M

Money Flow Index84.03Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index67.24Bullish, price momentum strongly favors buyers.

Overall Takeaway:SAIL.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary

Based on the current technical analysis of Steel Authority of India Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Steel Authority of India Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.