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SAIL - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.6

Last Updated Time : 19 Mar 26, 09:02 pm

Technical Rating: 3.6

Stock Code SAIL Market Cap 63,912 Cr. Current Price 155 ₹ High / Low 168 ₹
Stock P/E 21.5 Book Value 136 ₹ Dividend Yield 1.04 % ROCE 6.73 %
ROE 4.38 % Face Value 10.0 ₹ DMA 50 153 ₹ DMA 200 140 ₹
Chg in FII Hold 0.78 % Chg in DII Hold -0.26 % PAT Qtr 442 Cr. PAT Prev Qtr 645 Cr.
RSI 49.7 MACD -1.17 Volume 2,38,18,142 Avg Vol 1Wk 2,19,62,691
Low price 101 ₹ High price 168 ₹ PEG Ratio -0.51 Debt to equity 0.60
52w Index 79.7 % Qtr Profit Var 286 % EPS 6.61 ₹ Industry PE 20.1

📊 Technical Analysis

  • Chart Patterns: Stock consolidating between ₹150–₹160 with resistance at ₹168 and support near ₹145.
  • Moving Averages: Price (₹155) above 50 DMA (₹153) and 200 DMA (₹140), showing medium-term strength.
  • RSI: 49.7 — neutral zone, neither overbought nor oversold.
  • MACD: -1.17 — mild bearish crossover, momentum weakening.
  • Bollinger Bands: Price near mid-band, suggesting consolidation.
  • Volume Trends: Current volume (2.38 Cr) slightly above 1-week average (2.19 Cr), showing steady participation.

📈 Momentum & Signals

  • Short-term Momentum: Neutral to weak, with sideways consolidation.
  • Entry Zone: ₹150–₹155 (support region).
  • Exit Zone: ₹165–₹168 (resistance region).
  • Trend Status: Consolidating with mild bearish bias.

✅ Positive

  • Quarterly profit growth (+286% YoY) despite sequential decline.
  • EPS at ₹6.61, supported by strong revenue base.
  • FII holdings increased (+0.78%).
  • Debt-to-equity ratio at 0.60, relatively low for the sector.

⚠️ Limitation

  • ROE at 4.38% and ROCE at 6.73% are weak.
  • Stock P/E (21.5) slightly above industry average (20.1).
  • PEG ratio negative (-0.51), indicating earnings growth concerns.
  • DII holdings decreased (-0.26%).

📉 Company Negative News

  • Sequential PAT decline (₹442 Cr vs ₹645 Cr).
  • Weak profitability metrics compared to peers.

📈 Company Positive News

  • Strong YoY profit growth (+286%).
  • Stock trading above both 50 DMA and 200 DMA, showing medium-term strength.
  • Improved FII participation.

🏭 Industry

  • Steel sector PE at 20.1, showing moderate valuation levels.
  • Industry supported by infrastructure demand and government spending.

🔎 Conclusion

  • SAIL is consolidating with neutral momentum, trading between ₹150–₹168.
  • Entry near ₹150–₹155 support zone, exit around ₹165–₹168 resistance.
  • Medium-term outlook remains stable, but profitability metrics are weak.
  • Best suited for short-term swing trades rather than long-term holding.

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