SAIL Shares Intraday Buy Signal at ₹184 with Stop-Loss at ₹174

The broader market context shows the Nifty 50 expected to trade between 23,800 and 24,800, with technical patterns suggesting a potential move toward the higher end of the range. Market-wide rollovers stand at 90%, while Nifty and Bank Nifty futures show 74% and 76% rollover rates respectively.

Foreign portfolio investors (FPIs) have turned net buyers in India’s secondary markets to the tune of approximately $1.5 billion in August, even as they remain net short in index futures at around $3.14 billion. Meanwhile, high-net-worth and retail investors continue to hold long positions in single stock futures, which have traded at approximately 6.3% annualised returns for the third consecutive month.

Sectors under watch include IT for short covering and metals, chemicals, and telecom for long build-up. Market participants are also monitoring global cues such as the Jackson Hole symposium, crude oil prices, India’s GDP data, and US inflation for directional signals.

Equity markets will remain open for trading on 26 August 2026, though it is a settlement holiday due to Eid-e-Milad, meaning no clearing or settlement will occur. Intraday profits from 25 August will not reflect in account balances on the 26th, and shares bought on the 25th or 26th can only be sold from 27 August onward.

The article also notes unrelated developments such as Waterways Leisure Tourism Ltd’s 1:10 stock split effective from 26 August 2026, and SEBI’s ongoing measures affecting F&O participation, which have sparked debate on retail suitability and contract tenors.