Jan. 13 at 4:09 AM
$NIFTY50.NSE
$SAIL.NSE
1. Company Overview:
Company Name: Steel Authority of India Limited (
$SAIL.NSE)
Industry/Sector: Metals & Mining (Steel Production)
2. Stock Performance (Daily Data):
O: 149.25
H: 150.36
L: 148.00
C: 148.71
Daily Trend: The stock closed slightly bearish for the day, with the closing price (148.71) lower than the opening price (149.25). The candle is an indecision candle (body height is less than 50% of the total candle height), reflecting a lack of strong directional conviction from either buyers or sellers during the day, despite the slight drop. Over the past several weeks, the stock has shown a significant bullish trend, recently entering a phase of consolidation or minor correction around its current price levels.
3. Support & Resistance:
Support Levels: 145.00 / 136.00 / 128.00
Resistance: 150.00 / 153.00
4. Summary:
Company Overview: Steel Authority of India Limited (
$SAIL.
