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(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 2024-09-24 View latest technical analysis

10 day averaged volume of S A is 633812

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	29.02	28.91	29.73	28.25	1.131 times
23 Mon Sep 2024	28.22	26.70	28.50	26.70	0.793 times
20 Fri Sep 2024	26.70	25.40	27.79	24.66	0.786 times
19 Thu Sep 2024	25.39	25.25	28.00	25.10	0.523 times
18 Wed Sep 2024	26.17	26.79	26.90	25.75	0.636 times
17 Tue Sep 2024	26.58	27.65	28.04	26.06	0.559 times
16 Mon Sep 2024	27.65	28.99	29.49	26.92	0.781 times
13 Fri Sep 2024	28.30	26.61	28.40	26.51	1.064 times
12 Thu Sep 2024	26.84	27.85	28.62	26.51	0.894 times
11 Wed Sep 2024	27.12	26.08	27.50	26.00	1.444 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.5, but if it comes below 27.5, then a intra day sell could be more profitable.
If you take a sell trade below 27.5, then use 27.5 as stoploss and 25.24 as target. However if you take a buy trade in stock , then use 27.5 as stoploss and 30.3 as target.

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	13.90
Downside Target	17.55
Downside Target	19.35
Downside Target	20.70
Downside Target	21.60
Downside Target	22.69
Downside Target	23.89
Downside Target	24.66
Downside Target	25.50
Downside Target	26.70
Downside Target	27.45
Downside Target	28.62
Upside Target	29.49
Upside Target	29.73

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	27.24
Downside Intraday Target	25.45
Upside Intraday Target	30.27
Upside Intraday Target	31.51
Downside Intraday Target	28.48

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	29.02	26.70	29.73	26.70	0.586 times
20 Fri Sep 2024	26.70	28.99	29.49	24.66	0.461 times
13 Fri Sep 2024	28.30	23.70	28.62	22.69	3.914 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

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of S A (SALSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	29.02	23.13	29.73	21.60	6.493 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of S A ( (SALSTEEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 27.39 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.