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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 2024-10-22 View latest technical analysis

10 day averaged volume of S A is 143720

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	25.97	26.47	26.47	24.91	1.875 times
21 Mon Oct 2024	25.76	26.49	26.60	25.22	0.877 times
18 Fri Oct 2024	26.11	24.90	26.80	24.45	1.881 times
17 Thu Oct 2024	24.98	27.00	27.04	24.55	1.233 times
16 Wed Oct 2024	25.93	26.01	26.65	25.56	0.53 times
15 Tue Oct 2024	26.60	27.40	27.40	26.10	0.512 times
14 Mon Oct 2024	26.98	27.50	27.90	26.52	0.742 times
11 Fri Oct 2024	26.59	26.75	28.09	26.06	1.05 times
10 Thu Oct 2024	27.33	28.19	28.49	27.00	0.768 times
09 Wed Oct 2024	27.80	27.50	28.47	27.50	1.038 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, but if it comes above 26, then a intra day buy could be more profitable.
If you take a sell trade below 26, then use 26 as stoploss and 24.5 as target. However if you take a buy trade in stock , then use 26 as stoploss and 27.32 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	24.45
Downside Target	25.48
Upside Target	26.60
Upside Target	27.45
Upside Target	27.90
Upside Target	28.69
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	25.05
Downside Intraday Target	24.14
Upside Intraday Target	26.74
Upside Intraday Target	27.52
Downside Intraday Target	25.83

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	25.97	26.49	26.60	24.91	0.562 times
18 Fri Oct 2024	26.11	27.50	27.90	24.45	0.658 times
11 Fri Oct 2024	26.59	28.69	28.69	25.48	0.708 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

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
22 Tue Oct 2024	25.97	28.35	29.90	24.45	0.31 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of S A ( (SALSTEEL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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

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 26.3 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 positive

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