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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 2024-07-02 View latest technical analysis

10 day averaged volume of Steel Strips is 455466

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	223.41	225.90	226.45	221.01	1.204 times
01 Mon Jul 2024	224.63	217.00	229.74	216.50	2.815 times
28 Fri Jun 2024	216.66	215.95	217.99	212.80	0.689 times
27 Thu Jun 2024	214.67	216.50	217.79	213.45	0.599 times
26 Wed Jun 2024	215.80	216.70	217.25	214.40	0.665 times
25 Tue Jun 2024	215.83	217.85	219.45	215.50	0.656 times
24 Mon Jun 2024	216.93	219.92	220.30	215.60	0.623 times
21 Fri Jun 2024	219.92	223.65	225.20	219.00	0.515 times
20 Thu Jun 2024	223.69	219.89	224.45	218.71	0.949 times
19 Wed Jun 2024	218.71	221.60	225.49	218.00	1.041 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 221.8, but if it comes below 221.8, then a intra day sell could be more profitable.
If you take a sell trade below 221.8, then use 221.8 as stoploss and 216.49 as target. However if you take a buy trade in stock , then use 221.8 as stoploss and 228.2 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.55
Downside Target	211.05
Upside Target	225.37
Upside Target	226.83
Upside Target	227.00
Upside Target	229.74
Upside Target	237.00
Upside Target	243.60
Upside Target	260.95

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	216.69
Downside Intraday Target	209.98
Upside Intraday Target	229.93
Upside Intraday Target	236.46
Downside Intraday Target	223.22

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	223.41	217.00	229.74	216.50	1.243 times
28 Fri Jun 2024	216.66	219.92	220.30	212.80	0.818 times
21 Fri Jun 2024	219.92	225.00	226.83	218.00	0.633 times
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

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 Steel Strips (SSWL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	223.41	217.00	229.74	216.50	0.238 times
28 Fri Jun 2024	216.66	227.00	227.00	190.55	1.021 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Steel Strips ( (SSWL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Strips in short term

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 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 220.65 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 positive

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