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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 2024-10-28 View latest technical analysis

10 day averaged volume of Steel Strips is 139630

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	191.74	194.98	196.00	190.46	1.326 times
25 Fri Oct 2024	194.91	199.55	200.98	193.60	1.437 times
24 Thu Oct 2024	201.03	203.72	204.73	200.00	0.818 times
23 Wed Oct 2024	203.72	201.20	207.53	199.84	0.85 times
22 Tue Oct 2024	203.94	212.30	212.30	203.00	1.145 times
21 Mon Oct 2024	212.59	213.00	214.20	209.66	0.669 times
18 Fri Oct 2024	213.46	211.78	214.50	208.15	1.149 times
17 Thu Oct 2024	211.78	214.95	214.95	210.20	0.809 times
16 Wed Oct 2024	214.75	211.01	214.90	210.01	0.845 times
15 Tue Oct 2024	211.39	213.10	213.11	209.41	1.471 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 194.6, for a target of 202.8 or 209.57

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	190.46
Upside Target	202.75
Upside Target	215.47
Upside Target	216.50
Upside Target	216.70
Upside Target	217.99
Upside Target	227.00
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	189.47
Downside Intraday Target	187.19
Upside Intraday Target	195.01
Upside Intraday Target	198.27
Upside Intraday Target	192.73

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	191.74	194.98	196.00	190.46	0.27 times
25 Fri Oct 2024	194.91	213.00	214.20	193.60	0.968 times
18 Fri Oct 2024	213.46	215.00	215.47	208.15	0.847 times
11 Fri Oct 2024	214.08	212.58	216.70	202.75	0.896 times
04 Fri Oct 2024	212.58	214.65	217.99	210.38	0.409 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
28 Mon Oct 2024	191.74	214.91	217.99	190.46	0.535 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.

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 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 205.03 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.