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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.

10 day averaged volume of Steel Strips is 513716

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	226.35	223.95	229.00	223.50	0.946 times
23 Tue Apr 2024	222.25	223.00	226.45	220.60	1.296 times
22 Mon Apr 2024	220.60	227.00	228.00	218.70	1.196 times
19 Fri Apr 2024	224.05	224.10	226.70	222.25	0.366 times
18 Thu Apr 2024	226.40	229.65	234.75	224.75	1.648 times
16 Tue Apr 2024	228.80	223.90	238.50	223.90	1.811 times
15 Mon Apr 2024	224.45	227.00	228.25	220.30	0.405 times
12 Fri Apr 2024	227.90	233.25	235.00	227.50	1.568 times
10 Wed Apr 2024	233.25	236.90	237.65	232.10	0.656 times
09 Tue Apr 2024	234.60	236.85	240.65	232.70	0.425 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 223.4 as stoploss in an intra day buy trade for a target of 229.56. However, stock will show a bearish move below 223.4.

Share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Target	211.05
Downside Target	217.60
Upside Target	238.50
Upside Target	243.60
Upside Target	244.15
Upside Target	250.00
Upside Target	260.95
Upside Target	284.00
Upside Target	286.50
Upside Target	289.50

Intraday share price targets for Steel Strips (SSWL)

Target Type	Value
Downside Intraday Target	220.37
Downside Intraday Target	214.38
Upside Intraday Target	230.67
Upside Intraday Target	234.98
Downside Intraday Target	224.68

Weekly technical analysis of Steel Strips (SSWL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	226.35	227.00	229.00	218.70	0.813 times
19 Fri Apr 2024	224.05	227.00	238.50	220.30	1.291 times
12 Fri Apr 2024	227.90	239.00	241.45	227.50	1.109 times
05 Fri Apr 2024	238.10	224.20	243.60	223.25	1.408 times
28 Thu Mar 2024	220.90	232.10	232.80	217.60	1.216 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 Steel Strips (SSWL)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	226.35	224.20	243.60	218.70	1.642 times
28 Thu Mar 2024	220.90	253.75	260.95	211.05	0.612 times
29 Thu Feb 2024	251.85	281.80	284.00	243.10	0.528 times
31 Wed Jan 2024	279.80	258.00	289.50	244.15	2.864 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 Steel Strips (SSWL)

Price action analysis of Steel Strips ( (SSWL) ) 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 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 Weak and stock is losing 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

Stock of Steel Strips is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 226.46 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.