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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 2024-10-08 View latest technical analysis

10 day averaged volume of Steel Strips is 350687

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	211.48	206.85	213.10	204.63	0.525 times
07 Mon Oct 2024	206.85	212.58	213.10	202.75	0.805 times
04 Fri Oct 2024	212.58	213.34	215.00	210.38	0.563 times
03 Thu Oct 2024	213.34	214.00	215.14	211.00	0.744 times
01 Tue Oct 2024	216.26	214.91	217.99	212.87	0.966 times
30 Mon Sep 2024	214.44	214.65	215.39	210.95	0.395 times
27 Fri Sep 2024	211.50	212.77	214.86	209.40	0.84 times
26 Thu Sep 2024	212.08	217.62	217.62	211.05	0.764 times
25 Wed Sep 2024	216.89	218.00	222.50	216.42	0.894 times
24 Tue Sep 2024	218.95	212.60	225.00	212.60	3.14 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 209.8 as stoploss in an intra day buy trade for a target of 214.57. However, stock will show a bearish move below 209.8.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.55
Downside Target	202.75
Upside Target	217.99
Upside Target	222.47
Upside Target	225.00
Upside Target	227.00
Upside Target	228.89
Upside Target	233.50
Upside Target	239.90
Upside Target	248.00

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	205.12
Downside Intraday Target	198.76
Upside Intraday Target	215.47
Upside Intraday Target	219.46
Downside Intraday Target	209.11

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	211.48	212.58	213.10	202.75	0.499 times
04 Fri Oct 2024	212.58	214.65	217.99	210.38	0.409 times
27 Fri Sep 2024	211.50	212.51	225.00	209.40	1.734 times
20 Fri Sep 2024	210.41	221.60	222.47	207.20	1.114 times
13 Fri Sep 2024	220.46	224.50	228.89	210.55	1.093 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
08 Tue Oct 2024	211.48	214.91	217.99	202.75	0.21 times
30 Mon Sep 2024	214.44	229.35	233.50	207.20	1.262 times
30 Fri Aug 2024	227.21	238.95	239.90	206.00	0.353 times
31 Wed Jul 2024	236.58	217.00	248.00	216.50	1.759 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 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 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.

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 LOWS in short term which reflects strong selling momentum. 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 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 214.89 and Steel Strips (SSWL) stock is trading below this level. This means that stock is falling with high volumes. 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.