SAIL Outlook for the Week (December 23, 2024 – December 27, 2024)
Steel Authority of India closed the previous week on a negative note losing -6.79%.
Technically, Steel Authority of India share price will see immediate support at 112.58 and immediate resistance would be seen at 122.23.
If Steel Authority of India share price closes below immediate support of 112.58, then sharp breakdown can be seen. Steel Authority of India share price will see major support at 109.07 for the week.
On the positive side, immediate resistance will be seen at 122.23. Closing above 122.23, Steel Authority of India share price will see a sharp breakout. Major resistance for Steel Authority of India share price will be seen at 128.37 for the week.
Trading range for Steel Authority of India share price for this week should be between 102.93 on down side and 131.88 on up side.
Steel Authority of India Previous Week Open: 124.56
Steel Authority of India Previous Week High: 124.85
Steel Authority of India Previous Week Low: 115.2
Steel Authority of India Previous Week Close: 116.1
Steel Authority of India Previous Week Range: 9.65 Points
Steel Authority of India share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 131.88 |
| Resistance 2 | 128.37 |
| Resistance 1 | 122.23 |
| Support 1 | 112.58 |
| Support 2 | 109.07 |
| Support 3 | 102.93 |
