SAIL Outlook for the Week (November 18, 2024 – November 22, 2024)
Steel Authority of India closed the previous week on a negative note losing -5.06%.
Technically, Steel Authority of India share price will see immediate support at 108.83 and immediate resistance would be seen at 117.03.
If Steel Authority of India share price closes below immediate support of 108.83, then sharp breakdown can be seen. Steel Authority of India share price will see major support at 105.81 for the week.
On the positive side, immediate resistance will be seen at 117.03. Closing above 117.03, Steel Authority of India share price will see a sharp breakout. Major resistance for Steel Authority of India share price will be seen at 122.21 for the week.
Trading range for Steel Authority of India share price for this week should be between 100.63 on down side and 125.23 on up side.
Steel Authority of India Previous Week Open: 117.8
Steel Authority of India Previous Week High: 119.2
Steel Authority of India Previous Week Low: 111
Steel Authority of India Previous Week Close: 111.84
Steel Authority of India Previous Week Range: 8.2 Points
Steel Authority of India share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 125.23 |
| Resistance 2 | 122.21 |
| Resistance 1 | 117.03 |
| Support 1 | 108.83 |
| Support 2 | 105.81 |
| Support 3 | 100.63 |
