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(SALSTEEL) S A complete technical analysis [charts+indicators] | Buy/Sell S A | (SALSTEEL) share price targets

Complete technical analysis of S A (SALSTEEL) by charts plus indicators, forecast predictions and share price targets for S A (SALSTEEL)

S A trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2023-11-29 View latest technical analysis

10 day averaged volume of S A is 910246

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	19.70	19.30	20.70	19.25	1.3 times
28 Tue Nov 2023	19.10	18.85	19.50	18.70	0.786 times
24 Fri Nov 2023	18.15	18.60	18.75	18.00	0.17 times
23 Thu Nov 2023	18.45	18.55	18.75	18.25	0.189 times
22 Wed Nov 2023	18.40	18.90	18.95	17.75	0.353 times
21 Tue Nov 2023	18.90	18.90	19.25	18.40	0.504 times
20 Mon Nov 2023	18.80	18.85	20.10	18.60	1.719 times
17 Fri Nov 2023	18.75	16.60	19.65	16.55	5.555 times
16 Thu Nov 2023	16.40	16.20	16.90	15.85	0.523 times
15 Wed Nov 2023	15.95	16.25	16.25	15.70	0.114 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.9, but if it comes below 18.9, then a intra day sell could be more profitable.
If you take a sell trade below 18.9, then use 18.9 as stoploss and 17.45 as target. However if you take a buy trade in stock , then use 18.9 as stoploss and 20.7 as target.

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	13.90
Downside Target	15.25
Downside Target	17.40
Downside Target	18.30
Downside Target	18.70
Downside Target	19.35
Downside Target	19.65
Upside Target	20.10
Upside Target	20.70

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	18.7
Downside Intraday Target	17.7
Upside Intraday Target	20.7
Upside Intraday Target	21.7
Downside Intraday Target	19.7

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	19.70	18.85	20.70	18.70	0.711 times
24 Fri Nov 2023	18.15	18.85	20.10	17.75	0.461 times
17 Fri Nov 2023	18.75	15.70	19.65	15.30	3.507 times
10 Fri Nov 2023	15.50	16.40	17.40	13.90	1.005 times
02 Wed Aug 2023	17.80	18.30	19.35	17.55	0.294 times

Price has moved up 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 S A (SALSTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	19.70	16.40	20.70	13.90	16.876 times
02 Wed Aug 2023	17.80	18.90	19.35	17.55	0.081 times
31 Mon Jul 2023	19.00	16.00	19.65	15.25	2.863 times
30 Fri Jun 2023	15.95	16.20	18.30	15.65	1.459 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of S A (SALSTEEL)

Price action analysis of S A ( (SALSTEEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of S A ( (SALSTEEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of S A ( (SALSTEEL) ) 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 S A ( (SALSTEEL) ) 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 S A stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for S A 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.

S A Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for S A in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of S A is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.74 and S A (SALSTEEL) 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 S A (SALSTEEL) stock. Volume based technical analysis of S A (SALSTEEL) stock is negative.

S A 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.