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(SSWL) Steel Strips complete technical analysis [charts+indicators] | Buy/Sell Steel Strips | (SSWL) share price targets

Complete technical analysis of Steel Strips (SSWL) by charts plus indicators, forecast predictions and share price targets for Steel Strips (SSWL)

Steel Strips trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Steel Strips is 456440

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	211.60	227.00	227.00	209.30	0.944 times
31 Fri May 2024	214.80	218.00	218.85	209.85	0.632 times
30 Thu May 2024	218.10	216.50	219.00	214.70	0.405 times
29 Wed May 2024	216.60	213.35	219.00	212.30	0.413 times
28 Tue May 2024	213.40	217.15	218.30	212.30	0.499 times
27 Mon May 2024	216.95	231.00	231.00	215.30	1.452 times
24 Fri May 2024	227.30	223.00	233.00	222.10	2.113 times
23 Thu May 2024	222.65	223.90	231.00	217.75	2.405 times
22 Wed May 2024	223.30	223.60	227.70	219.80	0.597 times
21 Tue May 2024	223.30	218.00	226.50	216.10	1.291 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 211.2 as stoploss in an intra day buy trade for a target of 215.96. However, stock will show a bearish move below 211.2.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	206.55
Upside Target	216.10
Upside Target	227.00
Upside Target	228.00
Upside Target	231.00
Upside Target	233.00
Upside Target	237.00
Upside Target	243.10
Upside Target	243.60
Upside Target	260.95
Upside Target	284.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	204.93
Downside Intraday Target	198.27
Upside Intraday Target	222.63
Upside Intraday Target	233.67
Upside Intraday Target	215.97

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	211.60	227.00	227.00	209.30	0.278 times
31 Fri May 2024	214.80	231.00	231.00	209.85	0.531 times
24 Fri May 2024	227.30	218.00	233.00	216.10	2.639 times
18 Sat May 2024	217.00	210.00	220.00	206.55	0.976 times
10 Fri May 2024	209.60	228.00	228.00	207.90	0.789 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 Steel Strips (SSWL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	211.60	227.00	227.00	209.30	0.057 times
31 Fri May 2024	214.80	233.90	237.00	206.55	0.896 times
30 Tue Apr 2024	231.90	224.20	243.60	218.70	1.932 times
28 Thu Mar 2024	220.90	253.75	260.95	211.05	0.612 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 Steel Strips (SSWL)

Price action analysis of Steel Strips ( (SSWL) ) 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 Steel Strips ( (SSWL) ) 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 Steel Strips ( (SSWL) ) based on a short to mid 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 Steel Strips ( (SSWL) ) based on a mid to longer 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.

ADX buy sell signal for Steel Strips stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Steel Strips in short term but the buy signal is initial and weak.

Steel Strips 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 buy signal for Steel Strips in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Steel Strips is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 220.64 and Steel Strips (SSWL) 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 Steel Strips (SSWL) stock. Volume based technical analysis of Steel Strips (SSWL) stock is negative.

Steel Strips 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.