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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 2023-12-08 View latest technical analysis

10 day averaged volume of S A is 431785

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	19.15	19.85	19.85	18.95	0.751 times
07 Thu Dec 2023	19.55	19.10	19.75	19.10	1.178 times
06 Wed Dec 2023	19.10	18.90	19.25	18.50	0.703 times
05 Tue Dec 2023	18.35	18.95	19.05	17.80	0.607 times
04 Mon Dec 2023	18.80	19.55	19.90	18.70	0.738 times
01 Fri Dec 2023	18.80	18.95	19.20	18.70	0.435 times
30 Thu Nov 2023	18.70	19.75	19.85	18.30	1.186 times
29 Wed Nov 2023	19.70	19.30	20.70	19.25	2.741 times
28 Tue Nov 2023	19.10	18.85	19.50	18.70	1.656 times
24 Fri Nov 2023	18.15	18.60	18.75	18.00	0.358 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 19.4 as stoploss in an intra day sell trade for a target of 18.1. However, stock will show a bullish move above 19.4.

Share price targets for S A (SALSTEEL)

Target Type	Value
Downside Target	13.90
Downside Target	15.25
Downside Target	15.65
Downside Target	17.40
Downside Target	18.30
Upside Target	19.35
Upside Target	19.65
Upside Target	19.90
Upside Target	20.10
Upside Target	20.70

Intraday share price targets for S A (SALSTEEL)

Target Type	Value
Downside Intraday Target	18
Downside Intraday Target	16.85
Upside Intraday Target	20.1
Upside Intraday Target	21.05
Downside Intraday Target	18.95

Weekly technical analysis of S A (SALSTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	19.15	19.55	19.90	17.80	0.661 times
01 Fri Dec 2023	18.80	18.85	20.70	18.30	0.973 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

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
08 Fri Dec 2023	19.15	18.95	19.90	17.80	0.152 times
30 Thu Nov 2023	18.70	16.40	20.70	13.90	17.596 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

Scroll below to view daily charts

Price has moved up 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for S A in short term and the buy signal is strong.

S A 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for S A in short term but SELL 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

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 19.16 and S A (SALSTEEL) 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 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.