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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 2024-06-14 View latest technical analysis

10 day averaged volume of Steel Strips is 375710

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	222.13	215.90	223.65	214.71	2.523 times
13 Thu Jun 2024	213.85	219.00	225.37	212.53	1.774 times
12 Wed Jun 2024	217.17	218.38	222.50	216.31	0.926 times
11 Tue Jun 2024	215.83	216.00	217.25	214.12	0.803 times
10 Mon Jun 2024	213.90	219.70	220.99	212.71	1.543 times
07 Fri Jun 2024	217.35	211.15	219.10	210.60	0.719 times
06 Thu Jun 2024	209.70	207.40	212.50	206.10	0.601 times
05 Wed Jun 2024	206.90	203.70	210.00	199.75	0.661 times
04 Tue Jun 2024	203.00	213.00	213.45	190.55	1.059 times
03 Mon Jun 2024	211.60	227.00	227.00	209.30	1.147 times

Stock of Steel Strips (SSWL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 222, but if it comes below 222, then a intra day sell could be more profitable.
If you take a sell trade below 222, then use 222 as stoploss and 216.24 as target. However if you take a buy trade in stock , then use 222 as stoploss and 228.8 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.55
Upside Target	225.37
Upside Target	227.00
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	214.65
Downside Intraday Target	207.17
Upside Intraday Target	227.49
Upside Intraday Target	232.85
Downside Intraday Target	220.01

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	222.13	219.70	225.37	212.53	1.808 times
07 Fri Jun 2024	217.35	227.00	227.00	190.55	1.014 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Steel Strips (SSWL)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	222.13	227.00	227.00	190.55	0.587 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 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 Steel Strips (SSWL)

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

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

Steel Strips 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Steel Strips in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 214.44 and Steel Strips (SSWL) 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 Steel Strips (SSWL) stock. Volume based technical analysis of Steel Strips (SSWL) stock is negative.

Steel Strips 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.