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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 2024-07-09 View latest technical analysis

10 day averaged volume of Steel Strips is 697353

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	236.21	239.96	242.57	235.21	0.439 times
08 Mon Jul 2024	239.19	243.60	244.44	236.10	0.558 times
05 Fri Jul 2024	242.72	238.00	247.00	236.00	2.432 times
04 Thu Jul 2024	235.13	228.00	237.00	227.95	1.867 times
03 Wed Jul 2024	226.22	225.00	230.95	223.98	0.814 times
02 Tue Jul 2024	223.41	225.90	226.45	221.01	0.786 times
01 Mon Jul 2024	224.63	217.00	229.74	216.50	1.839 times
28 Fri Jun 2024	216.66	215.95	217.99	212.80	0.45 times
27 Thu Jun 2024	214.67	216.50	217.79	213.45	0.391 times
26 Wed Jun 2024	215.80	216.70	217.25	214.40	0.435 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 231.4, but if it comes below 231.4, then a intra day sell could be more profitable.
If you take a sell trade below 231.4, then use 231.4 as stoploss and 222.93 as target. However if you take a buy trade in stock , then use 231.4 as stoploss and 241.6 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.55
Downside Target	211.05
Downside Target	225.37
Downside Target	227.00
Downside Target	235.21
Upside Target	237.00
Upside Target	243.60
Upside Target	244.44
Upside Target	247.00
Upside Target	260.95

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	232.8
Downside Intraday Target	229.39
Upside Intraday Target	242.03
Upside Intraday Target	247.85
Upside Intraday Target	238.62

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	236.21	243.60	244.44	235.21	0.129 times
05 Fri Jul 2024	242.72	217.00	247.00	216.50	3.664 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

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
09 Tue Jul 2024	236.21	217.00	247.00	216.50	0.792 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 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 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 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 Steel Strips stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 231.2 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.