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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 2024-11-06 View latest technical analysis

10 day averaged volume of S A is 147030

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	27.83	26.39	28.27	25.66	2.116 times
05 Tue Nov 2024	25.91	26.94	26.94	25.66	0.788 times
04 Mon Nov 2024	26.30	26.30	26.72	25.65	0.862 times
01 Fri Nov 2024	25.87	26.15	26.20	25.20	0.606 times
31 Thu Oct 2024	25.20	24.88	25.60	24.88	0.307 times
30 Wed Oct 2024	24.88	24.75	25.39	24.55	0.426 times
29 Tue Oct 2024	25.17	25.75	25.75	24.26	1.899 times
28 Mon Oct 2024	24.93	24.76	25.86	24.22	0.497 times
25 Fri Oct 2024	24.76	25.00	25.80	24.26	0.911 times
24 Thu Oct 2024	25.33	25.99	26.99	24.55	1.128 times

Stock of S A (SALSTEEL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 27.7, for a target of 26.7 or 25.91

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	17.80
Downside Target	21.60
Downside Target	23.60
Downside Target	24.22
Downside Target	25.20
Downside Target	26.20
Downside Target	26.99
Upside Target	27.90
Upside Target	28.27
Upside Target	28.69
Upside Target	29.90
Upside Target	31.18

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	26.23
Downside Intraday Target	24.63
Upside Intraday Target	28.85
Upside Intraday Target	29.87
Downside Intraday Target	27.25

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	27.83	26.30	28.27	25.65	1.008 times
01 Fri Nov 2024	25.87	24.76	26.20	24.22	0.511 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

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
06 Wed Nov 2024	27.83	26.15	28.27	25.20	0.144 times
31 Thu Oct 2024	25.20	28.35	29.90	23.60	0.416 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 red color and prices are in or above the red 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 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 25.92 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 negative.

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