Is STEEL AUTHORITY OF INDIA in uptrend or downtrend?

In the short term price movements in SAIL share indicates the market has a decisive bullish trend.

What is STEEL AUTHORITY OF INDIA share price forecast for tomorrow?

In Steel Authority of India Limited stock current resistance level is at 166 and support level is at 148. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are STEEL AUTHORITY OF INDIA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Steel Authority of India Limited in the short-term, the supply zone around 166 and 170. Hence, good chances of resistance around 170. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Steel Authority of India Limited share is around 148 and 150. Hence, good chances for support around 150.

Why is STEEL AUTHORITY OF INDIA share price falling today?

Perhaps SAIL stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

STEEL AUTHORITY OF INDIA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data