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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 2024-08-09 View latest technical analysis

10 day averaged volume of Steel Strips is 275674

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	218.12	217.10	219.60	215.77	0.599 times
08 Thu Aug 2024	213.86	222.00	222.51	212.00	1.09 times
07 Wed Aug 2024	220.34	220.00	223.09	217.70	0.518 times
06 Tue Aug 2024	217.68	218.00	225.73	216.05	0.726 times
05 Mon Aug 2024	217.49	206.00	228.74	206.00	1.921 times
02 Fri Aug 2024	231.75	233.65	235.56	228.92	1.092 times
01 Thu Aug 2024	234.83	238.95	239.90	234.10	0.728 times
31 Wed Jul 2024	236.58	237.00	241.00	234.00	0.921 times
30 Tue Jul 2024	234.91	238.02	239.75	234.01	0.572 times
29 Mon Jul 2024	236.30	239.01	241.09	234.42	1.062 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 220.3, but if it comes above 220.3, then a intra day buy could be more profitable.
If you take a sell trade below 220.3, then use 220.3 as stoploss and 210.9 as target. However if you take a buy trade in stock , then use 220.3 as stoploss and 228.1 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Downside Target	216.50
Upside Target	237.00
Upside Target	239.90
Upside Target	240.00
Upside Target	241.09
Upside Target	243.60
Upside Target	244.44
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	206.5
Downside Intraday Target	194.88
Upside Intraday Target	229.24
Upside Intraday Target	240.36
Downside Intraday Target	217.62

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	218.12	206.00	228.74	206.00	1.11 times
02 Fri Aug 2024	231.75	239.01	241.09	228.92	0.497 times
26 Fri Jul 2024	235.92	231.10	240.00	222.26	0.719 times
19 Fri Jul 2024	234.95	224.66	248.00	220.20	2.086 times
12 Fri Jul 2024	224.66	243.60	244.44	224.00	0.3 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 Fri Aug 2024	218.12	238.95	239.90	206.00	0.136 times
31 Wed Jul 2024	236.58	217.00	248.00	216.50	1.759 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 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 225.48 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 positive

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