SAIL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis for SAIL (Steel Authority of India Ltd.)

Trade Rating: 3.1

This reflects a cautious stance for intraday trading due to weak momentum, recent bearish price action, and declining quarterly profits despite strong volume.

🔍 Technical & Volume Insights

RSI at 36.8: Approaching oversold territory, but not yet signaling reversal.

MACD at -0.24: Bearish crossover, indicating downward momentum.

Price below DMA 50 (₹130) and hovering near DMA 200 (₹123)**: Suggests short-term weakness.

Volume: 1.52 Cr vs Avg 1Wk: 1.74 Cr: Slightly below average, showing reduced intraday interest.

📊 Fundamental Snapshot

ROCE (6.72%) & ROE (4.48%): Weak operational and equity returns.

PEG Ratio (-0.42): Indicates earnings contraction.

EPS (₹7.35) vs P/E (17.1): Fairly valued compared to industry PE (22.4).

Debt-to-Equity (0.63): Moderate leverage.

🛒 Optimal Buy Zone (If Entering Today)

Buy Range: ₹124.5–₹125.5

Near intraday support and below VWAP, offering a low-risk entry if price stabilizes.

🎯 Exit Strategy

Scenario Entry Trigger Target Levels Stop Loss

Bullish Momentum Buy above ₹127.2 (5-min candle close) ₹129 → ₹132 ₹125.5

Pullback Entry Buy near ₹124.5 ₹126.5 → ₹127.8 ₹123.2

If Already Holding Exit if price breaks below ₹124 or fails to hold ₹126.5 Trail profits above ₹127.2 SL at ₹124

⚠️ Trade Caution

Momentum is weak, and price is below key moving averages.

Avoid aggressive long positions unless price breaks ₹127.2 with volume confirmation.

Monitor 5-min candles for breakout or reversal signals.

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