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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 2024-06-06 View latest technical analysis

10 day averaged volume of Steel Strips is 469151

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	209.70	207.40	212.50	206.10	0.481 times
05 Wed Jun 2024	206.90	203.70	210.00	199.75	0.529 times
04 Tue Jun 2024	203.00	213.00	213.45	190.55	0.848 times
03 Mon Jun 2024	211.60	227.00	227.00	209.30	0.919 times
31 Fri May 2024	214.80	218.00	218.85	209.85	0.615 times
30 Thu May 2024	218.10	216.50	219.00	214.70	0.394 times
29 Wed May 2024	216.60	213.35	219.00	212.30	0.402 times
28 Tue May 2024	213.40	217.15	218.30	212.30	0.486 times
27 Mon May 2024	216.95	231.00	231.00	215.30	1.412 times
24 Fri May 2024	227.30	223.00	233.00	222.10	2.056 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 208.8 as stoploss in an intra day buy trade for a target of 214.74. However, stock will show a bearish move below 208.8.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
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	191.17
Downside Intraday Target	172.63
Upside Intraday Target	227.62
Upside Intraday Target	245.53
Downside Intraday Target	209.08

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	209.70	227.00	227.00	190.55	0.839 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
06 Thu Jun 2024	209.70	227.00	227.00	190.55	0.173 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Steel Strips in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steel Strips 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 red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 216.09 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.