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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 2024-10-28 View latest technical analysis

10 day averaged volume of S A is 177783

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	24.93	24.76	25.86	24.22	0.411 times
25 Fri Oct 2024	24.76	25.00	25.80	24.26	0.754 times
24 Thu Oct 2024	25.33	25.99	26.99	24.55	0.933 times
23 Wed Oct 2024	25.68	23.60	26.20	23.60	2.129 times
22 Tue Oct 2024	25.97	26.47	26.47	24.91	1.516 times
21 Mon Oct 2024	25.76	26.49	26.60	25.22	0.709 times
18 Fri Oct 2024	26.11	24.90	26.80	24.45	1.52 times
17 Thu Oct 2024	24.98	27.00	27.04	24.55	0.997 times
16 Wed Oct 2024	25.93	26.01	26.65	25.56	0.428 times
15 Tue Oct 2024	26.60	27.40	27.40	26.10	0.414 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.4, but if it comes above 25.4, then a intra day buy could be more profitable.
If you take a sell trade below 25.4, then use 25.4 as stoploss and 23.9 as target. However if you take a buy trade in stock , then use 25.4 as stoploss and 26.56 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	23.60
Downside Target	24.22
Upside Target	25.48
Upside Target	26.72
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	24.15
Downside Intraday Target	23.36
Upside Intraday Target	25.79
Upside Intraday Target	26.64
Upside Intraday Target	25

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	24.93	24.76	25.86	24.22	0.068 times
25 Fri Oct 2024	24.76	26.49	26.99	23.60	1.526 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

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
28 Mon Oct 2024	24.93	28.35	29.90	23.60	0.38 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 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for S A in short term but BUY signal is weak.

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 25.64 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.