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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 2024-10-07 View latest technical analysis

10 day averaged volume of S A is 468041

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	25.92	28.69	28.69	25.48	0.987 times
04 Fri Oct 2024	28.32	29.49	29.49	28.00	0.794 times
03 Thu Oct 2024	28.58	28.89	29.90	28.01	0.752 times
01 Tue Oct 2024	29.00	28.35	29.70	27.76	0.955 times
30 Mon Sep 2024	27.36	29.93	29.93	26.72	0.726 times
27 Fri Sep 2024	29.57	29.85	31.18	29.12	1.499 times
26 Thu Sep 2024	28.90	28.65	29.89	28.55	0.908 times
25 Wed Sep 2024	28.51	29.00	29.74	28.12	0.694 times
24 Tue Sep 2024	29.02	28.91	29.73	28.25	1.532 times
23 Mon Sep 2024	28.22	26.70	28.50	26.70	1.073 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.2, but if it comes above 26.2, then a intra day buy could be more profitable.
If you take a sell trade below 26.2, then use 26.2 as stoploss and 24.7 as target. However if you take a buy trade in stock , then use 26.2 as stoploss and 27.49 as target.

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	13.90
Downside Target	17.80
Downside Target	20.70
Downside Target	21.60
Downside Target	22.69
Downside Target	24.66
Downside Target	25.48
Upside Target	26.70
Upside Target	27.45
Upside Target	28.62
Upside Target	29.49
Upside Target	29.90
Upside Target	29.93
Upside Target	31.18

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	24.7
Downside Intraday Target	23.49
Upside Intraday Target	27.91
Upside Intraday Target	29.91
Upside Intraday Target	26.7

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	25.92	28.69	28.69	25.48	0.306 times
04 Fri Oct 2024	28.32	29.93	29.93	26.72	0.566 times
27 Fri Sep 2024	29.57	26.70	31.18	26.70	1.283 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

Price has moved down 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
07 Mon Oct 2024	25.92	28.35	29.90	25.48	0.152 times
30 Mon Sep 2024	27.36	23.13	31.18	21.60	7.791 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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of S A ( (SALSTEEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of S A ( (SALSTEEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for S A in short term but the sell signal is initial and weak.

S A Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for S A in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 28.45 and S A (SALSTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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