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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 2024-11-13 View latest technical analysis

10 day averaged volume of S A is 128432

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	24.06	26.26	26.27	23.78	1.974 times
12 Tue Nov 2024	25.77	26.23	27.14	25.50	0.6 times
11 Mon Nov 2024	26.23	27.25	27.65	26.20	0.818 times
08 Fri Nov 2024	26.87	27.87	28.64	26.55	1.064 times
07 Thu Nov 2024	27.98	28.39	29.23	27.59	1.674 times
06 Wed Nov 2024	27.83	26.39	28.27	25.66	2.422 times
05 Tue Nov 2024	25.91	26.94	26.94	25.66	0.903 times
04 Mon Nov 2024	26.30	26.30	26.72	25.65	0.987 times
01 Fri Nov 2024	25.87	26.15	26.20	25.20	0.694 times
31 Thu Oct 2024	25.20	24.88	25.60	24.88	0.351 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.7, for a target of 24.8 or 25.78

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	17.80
Downside Target	21.60
Downside Target	23.60
Upside Target	25.50
Upside Target	26.20
Upside Target	26.99
Upside Target	27.45
Upside Target	27.65
Upside Target	27.90
Upside Target	29.23
Upside Target	29.90
Upside Target	31.18

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	22.68
Downside Intraday Target	21.29
Upside Intraday Target	26.55
Upside Intraday Target	29.03
Upside Intraday Target	25.16

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	24.06	27.25	27.65	23.78	0.481 times
08 Fri Nov 2024	26.87	26.30	29.23	25.65	1.649 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

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
13 Wed Nov 2024	24.06	26.15	29.23	23.78	0.319 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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

Stock of S A is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.41 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.