SAIL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | SAIL | Market Cap | 61,425 Cr. | Current Price | 149 ₹ | High / Low | 160 ₹ |
| Stock P/E | 20.7 | Book Value | 136 ₹ | Dividend Yield | 1.08 % | ROCE | 6.73 % |
| ROE | 4.38 % | Face Value | 10.0 ₹ | DMA 50 | 143 ₹ | DMA 200 | 133 ₹ |
| Chg in FII Hold | 0.78 % | Chg in DII Hold | -0.26 % | PAT Qtr | 442 Cr. | PAT Prev Qtr | 645 Cr. |
| RSI | 52.2 | MACD | 3.53 | Volume | 3,31,11,369 | Avg Vol 1Wk | 3,58,33,330 |
| Low price | 99.2 ₹ | High price | 160 ₹ | PEG Ratio | -0.49 | Debt to equity | 0.60 |
| 52w Index | 81.3 % | Qtr Profit Var | 286 % | EPS | 6.61 ₹ | Industry PE | 20.7 |
📈 Chart Patterns & Trend: SAIL is trading at 149 ₹, close to its recent high of 160 ₹. The price is above both the 50 DMA (143 ₹) and 200 DMA (133 ₹), confirming a medium-term uptrend. RSI at 52.2 indicates neutral momentum, neither overbought nor oversold. MACD at 3.53 shows a mild bullish crossover. Bollinger Bands suggest price is near the upper band, pointing to possible consolidation.
📊 Volume Trends: Current volume (3.31 Cr) is slightly below the 1-week average (3.58 Cr), showing reduced participation and cautious sentiment among traders.
🎯 Momentum Signals:
- Price above both 50 DMA and 200 DMA supports bullish bias.
- RSI neutral, suggesting sideways consolidation.
- MACD positive, but momentum is moderate.
💡 Entry Zone: 142–145 ₹ (near 50 DMA support).
🚪 Exit Zone: 158–160 ₹ (near resistance and 52-week high).
🔎 Overall Trend: Consolidating near highs with mild bullish undertone. Break above 160 ₹ may trigger fresh rally; failure to hold 143 ₹ could lead to correction toward 135 ₹.
Positive
- Price trading above both 50 DMA and 200 DMA, confirming medium-term strength.
- FII holdings increased by 0.78%, showing foreign investor confidence.
- Debt-to-equity ratio at 0.60 indicates manageable leverage compared to peers.
- Quarterly profit variation shows strong rebound (+286%).
Limitation
- Quarterly PAT declined from 645 Cr. to 442 Cr., showing short-term weakness.
- ROE at 4.38% is relatively low, indicating weak shareholder returns.
- DII holdings decreased (-0.26%), showing reduced domestic institutional support.
- PEG ratio negative (-0.49), suggesting growth concerns.
Company Negative News
- Recent quarterly earnings showed profit contraction compared to previous quarter.
- Low ROE highlights inefficiency in generating returns.
Company Positive News
- Strong rebound in quarterly profit variation (+286%).
- Stable dividend yield of 1.08% supports long-term investors.
- Improved FII participation signals global confidence.
Industry
- Industry PE at 20.7 matches SAIL’s PE, indicating fair valuation.
- Steel sector demand supported by infrastructure and construction growth.
- Sector consolidation favors large-cap players like SAIL.
Conclusion
SAIL is consolidating near its highs with neutral RSI and positive MACD. Entry near 142–145 ₹ offers favorable risk-reward, while resistance lies at 158–160 ₹. The stock remains structurally strong but faces short-term profit pressure. Long-term investors may hold, while traders should watch for breakout above 160 ₹ or breakdown below 143 ₹.
Would you like me to also prepare a side-by-side comparison of SBIN and SAIL technical zones so you can quickly spot which offers better short-term trading opportunities?