Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SALSTEEL) S A complete technical analysis [charts+indicators] | Buy/Sell S A | (SALSTEEL) share price targets

Complete technical analysis of S A (SALSTEEL) by charts plus indicators, forecast predictions and share price targets for S A (SALSTEEL)

S A trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-09-12 View latest technical analysis

10 day averaged volume of S A is 479188

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	26.84	27.85	28.62	26.51	1.182 times
11 Wed Sep 2024	27.12	26.08	27.50	26.00	1.91 times
10 Tue Sep 2024	26.08	26.01	27.70	24.72	3.334 times
09 Mon Sep 2024	25.52	23.70	25.52	22.69	1.585 times
06 Fri Sep 2024	23.20	23.28	23.80	22.61	0.579 times
05 Thu Sep 2024	23.26	23.10	23.89	21.70	0.745 times
04 Wed Sep 2024	22.92	22.29	23.69	21.67	0.605 times
03 Tue Sep 2024	21.73	22.14	22.40	21.60	0.239 times
02 Mon Sep 2024	22.14	23.13	23.21	21.61	0.238 times
30 Fri Aug 2024	23.13	23.29	23.89	22.70	0.386 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.9, but if it comes below 25.9, then a intra day sell could be more profitable.
If you take a sell trade below 25.9, then use 25.9 as stoploss and 23.65 as target. However if you take a buy trade in stock , then use 25.9 as stoploss and 28.6 as target.

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	13.90
Downside Target	17.55
Downside Target	18.80
Downside Target	20.70
Downside Target	21.60
Downside Target	22.69
Downside Target	23.89
Downside Target	25.50
Upside Target	27.45
Upside Target	28.62

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	23.48
Downside Intraday Target	20.12
Upside Intraday Target	29.41
Upside Intraday Target	31.98
Downside Intraday Target	26.05

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	26.84	23.70	28.62	22.69	3.33 times
06 Fri Sep 2024	23.20	23.13	23.89	21.60	0.835 times
30 Fri Aug 2024	23.13	23.49	25.50	22.00	0.075 times
22 Fri Dec 2023	25.95	19.35	27.45	19.00	17.536 times
15 Fri Dec 2023	18.95	19.40	19.70	18.80	0.613 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of S A (SALSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	26.84	23.13	28.62	21.60	3.615 times
30 Fri Aug 2024	23.13	23.49	25.50	22.00	0.065 times
22 Fri Dec 2023	25.95	18.95	27.45	17.80	1.709 times
30 Thu Nov 2023	18.70	16.40	20.70	13.90	17.596 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of S A (SALSTEEL)

Price action analysis of S A ( (SALSTEEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of S A ( (SALSTEEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of S A ( (SALSTEEL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for S A stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for S A in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

S A Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for S A in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of S A is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.45 and S A (SALSTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the S A (SALSTEEL) stock. Volume based technical analysis of S A (SALSTEEL) stock is negative.

S A Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.