Steel Authority of India Technical Analysis

Steel Authority of India Ltd Technical Analysis

Steel Authority of India Ltd technical analysis is gaining attention among traders and investors tracking Steel Authority of India Ltd Technical Analysis trends in the Indian stock market. Steel Authority of India Ltd (NSE: SAIL, BSE: 500113) is currently trading at ₹180.05, showing a -1.16% move as of Wed, Jun 24, 2026.

This detailed Steel Authority of India Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Steel Authority of India Ltd Stock Overview

Steel Authority of India Ltd operates in the Non-energy minerals sector under the Steel industry. With a market capitalization of ₹75216.87Cr and a PE ratio of 22.06, Steel Authority of India Ltd remains a key stock to watch in Steel Authority of India Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹75216.87Cr
• PE Ratio: 22.06
• Dividend Yield: 0.88
• Sector: Non-energy minerals
• Industry: Steel

These fundamentals play an important role in Steel Authority of India Ltd technical analysis and valuation tracking.

Steel Authority of India Ltd Support and Resistance Levels

Classic Pivot Levels

In Steel Authority of India Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 265.49
• Resistance 2: 230.95
• Resistance 1: 217.66
• Pivot Point: 196.41
• Support 1: 183.12
• Support 2: 161.87
• Support 3: 127.33

Conditional Insight

Steel Authority of India Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 183.12 and 161.87.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Steel Authority of India Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 230.95
• Fibonacci R2: 217.76
• Fibonacci R1: 209.60
• Fibonacci Pivot: 196.41
• Fibonacci S1: 183.22
• Fibonacci S2: 175.06
• Fibonacci S3: 161.87

Steel Authority of India Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Steel Authority of India Ltd Moving Average Analysis

Moving averages are key indicators in Steel Authority of India Ltd technical analysis for identifying trend direction.

• 10 EMA: 178.34
• 20 EMA: 183.09
• 30 EMA: 184.23
• 50 EMA: 182.08
• 100 EMA: 172.91
• 200 EMA: 159.38

Trend Logic

Steel Authority of India Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Steel Authority of India Ltd technical analysis remains positive above 200 EMA.

Steel Authority of India Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 34.95
• MACD: -4.42
• Signal: -2.04
• ADX: 27.55
• Momentum: -10.30

RSI Logic

Steel Authority of India Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Steel Authority of India Ltd technical analysis indicates bearish momentum with MACD below signal line.

Steel Authority of India Ltd Overall Recommendation

• Overall Recommendation Score: -0.11
• Moving Average Recommendation: -0.40
• Other Indicators Recommendation: 0.18

Overall Steel Authority of India Ltd technical analysis sentiment remains neutral with mixed signals.

Steel Authority of India Ltd Technical Analysis Conclusion

Steel Authority of India Ltd technical analysis suggests that traders should closely monitor price action around ₹180.05 and key pivot level 196.41. Breakouts above resistance or breakdown below support will define the next trend in Steel Authority of India Ltd technical analysis.

Investors searching for Steel Authority of India Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Steel Authority of India Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.