Steel Authority of India Ltd

Stage 2 · Advancing · week 5Setup 4.0 WatchWeak -6.6

As of 9 Oct 2026, Steel Authority of India is in Stage 2 — advancing, the uptrend phase, in week 5 (since 9 Sep 2026). It closed at ₹172, 16.7% below its 52-week high and above its 200-day average, which is rising. In Materials, 35.1% of stocks are in Stage 2.

Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. More about the company

₹171.6
+3.19% today
₹70,859 Cr · Large cap
Market Neutral — FadingMaterials 35.1% in Stage 2-0.9 pts / 20dIron & Steel 32.9%-2.1 pts

Pro read

Pro

Our read

Early entry — still early enough in its move

Setup score

4.0 Watch

Momentum

Steady

Edge

Weak -6.6

Setup-score rank among Stage 2 peers: #22 of 26 in Iron & Steel · #115 of 159 in Materials

Is SAIL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-16.7%
₹125.9 lo₹206.1 hi
16.7% below 52W high — deeper pullback
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 5
1w13w26w
Week 5 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
1.4%
200 DMA: ₹169.2 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
2.08x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -4.2% vs MA50 +2.9%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-7.8%
3M
+2.1%
6M
+4.3%
YTD
+29.3%
1Y
+27.1%
Sector
Materials
→ Flat
Stage 2%
35.1%
20d Δ
-0.9pp
1M return
-6.7%
3M return
-4.3%
Sector Stage-2 % · last 20 days
This stock ranks #59 of 158 Stage 2 stocks in Materials by RS.
Industry
Iron & Steel
↓ Peaking
Stage 2%
32.9%
20d Δ
-2.1pp
1M return
-5.7%
3M return
+0.0%
Industry Stage-2 % · last 20 days
Ranks #16 of 26 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 14w
S2 30w
S4 27w
S2 27w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 14w → S3 8w → S2 30w → S3 10w → S4 27w → S1 9w → S2 11w → S3 7w → S2 10w → S3 2w → S2 27w → S3 8w → S2 4w current
Total tracked: 169 weeks across 13 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-09-09
4 appearances in last 60 days. First seen: 2025-06-06.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S2
Wk 5 · Vol 2.08x
2026-10-08S2
Wk 4 · Vol 0.67x
2026-10-07S2
Wk 4 · Vol 0.43x
2026-10-06S2
Wk 4 · Vol 0.95x
2026-10-05S2
Wk 4 · Vol 0.56x
2026-10-01S2
Wk 4 · Vol 1.31x
2026-09-30S2
Wk 3 · Vol 0.78x
2026-09-29S2
Wk 3 · Vol 1.07x
2026-09-28S2
Wk 3 · Vol 0.72x
2026-09-25S2
Wk 3 · Vol 0.49x
2026-09-24S2
Wk 3 · Vol 1.28x
2026-09-23S2
Wk 2 · Vol 2.22x
Sector Peers — Stage 2All →
OCCLLTD
wk 16 · 0.0% from hi
9.4
CUBEXTUB
wk 1 · -1.3% from hi
9.4
VENUSPIPES
wk 19 · -10.6% from hi
9.0
MUKANDLTD
wk 20 · -5.3% from hi
8.9
PLASTIBLEN
wk 16 · -1.6% from hi
8.4
Moving averages & range
50 DMA
₹179.5
200 DMA
₹169.2
52W High
₹206.1
52W Low
₹125.9
5D Low
₹166.3
Resistance levels (recent highs)
20d High
₹185.4
60d High
₹200
120d High
₹206.1
250d High
₹206.1
Next resistance
+8.1%
to 20d High
Ask the Market AI about SAILAsk →
P/E (TTM)
25.2
Forward 12.7
Earnings Growth (YoY)
+167.6%
Revenue +11.8%
Dividend Yield
0.78%
P/B 1.5
About this companyMaterials· Iron & Steel

Steel Authority of India Limited, a steel-making company, manufactures and sells iron and steel products in India and internationally. The company offers a range of railway products, which include rail, high YS/UTS rail, corrosion-resistant micro-alloyed rail, vanadium alloyed rail, end forged thick web asymmetric rail, high conductivity rail, crane rails, and crossing sleeper bars. It also provides pig iron, cold rolled products, pipes, semis, structurals, sail tmt bars, galvanized products, wirerods, pm plates, railway products, wheels and axles, hot rolled products, stainless steel products, electrical steels, and sail SeQR TMT bars. It serves government organizations, PSUS, private companies, distributors, and resellers. Steel Authority of India Limited was founded in 1954 and is based in New Delhi, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.