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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 2024-08-14 View latest technical analysis

10 day averaged volume of Steel Strips is 237025

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	211.98	214.80	216.41	211.02	0.51 times
13 Tue Aug 2024	213.63	216.50	220.00	213.00	0.578 times
12 Mon Aug 2024	216.05	219.40	219.45	215.11	0.587 times
09 Fri Aug 2024	218.12	217.10	219.60	215.77	0.697 times
08 Thu Aug 2024	213.86	222.00	222.51	212.00	1.268 times
07 Wed Aug 2024	220.34	220.00	223.09	217.70	0.603 times
06 Tue Aug 2024	217.68	218.00	225.73	216.05	0.845 times
05 Mon Aug 2024	217.49	206.00	228.74	206.00	2.234 times
02 Fri Aug 2024	231.75	233.65	235.56	228.92	1.27 times
01 Thu Aug 2024	234.83	238.95	239.90	234.10	0.847 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 217.6, but if it comes above 217.6, then a intra day buy could be more profitable.
If you take a sell trade below 217.6, then use 217.6 as stoploss and 206.6 as target. However if you take a buy trade in stock , then use 217.6 as stoploss and 226.83 as target.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	206.00
Downside Target	211.02
Upside Target	216.50
Upside Target	227.00
Upside Target	237.00
Upside Target	239.90
Upside Target	240.00
Upside Target	241.09
Upside Target	243.60
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	208.67
Downside Intraday Target	205.35
Upside Intraday Target	217.65
Upside Intraday Target	223.31
Upside Intraday Target	214.33

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	211.98	219.40	220.00	211.02	0.297 times
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

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
14 Wed Aug 2024	211.98	238.95	239.90	206.00	0.165 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Steel Strips stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Steel Strips Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Strips in short term and SELL signal is strong!

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 220.1 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.