Search+ExclusivesSteel Authority of India (SAIL) has reached a record high and shows a strong bullish trend, with chart patterns indicating continued upward momentum. SynopsisSteel Authority of India stock is showing strong upward momentum. Chart patterns indicate the bullish trend is likely to continue. Experts suggest short-term traders can buy the stock for a target of Rs 222 in the coming weeks. The stock has broken out of a long-term formation, signaling sustained momentum. Technical indicators support further upside potential.Steel Authority of India, a key player in the iron and steel sector, touched a record high earlier in May before witnessing mild profit booking. However, chart patterns indicate that the broader upward momentum remains intact and the bullish trend could continue.Short-term traders can look to buy the stock for a possible target of Rs 222 in the next few weeks, suggest experts.The stock has been in an uptrend since April 2026. It bounced back BY3 mins readMay 26, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership