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(SURANI_SM) Surani Steel complete technical analysis [charts+indicators] | Buy/Sell Surani Steel | (SURANI_SM) share price targets

Complete technical analysis of Surani Steel (SURANI_SM) by charts plus indicators, forecast predictions and share price targets for Surani Steel (SURANI_SM)

Showing technical analysis as on 2025-08-22 View latest technical analysis

10 day averaged volume of Surani Steel is 4580

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Aug 2025	89.80	87.00	93.00	84.55	0.961 times
21 Thu Aug 2025	93.55	99.00	99.00	88.00	0.655 times
20 Wed Aug 2025	99.00	99.30	99.50	99.00	0.48 times
19 Tue Aug 2025	99.90	93.80	101.00	91.55	1.135 times
18 Mon Aug 2025	97.75	91.70	97.75	90.00	0.568 times
14 Thu Aug 2025	88.45	86.10	97.50	86.10	0.437 times
13 Wed Aug 2025	87.85	78.00	87.95	78.00	0.873 times
12 Tue Aug 2025	76.15	80.00	83.00	75.10	0.699 times
11 Mon Aug 2025	79.85	90.00	90.00	79.00	4.367 times
06 Wed Aug 2025	95.95	95.95	95.95	95.95	0.044 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 87.5 as stoploss in an intra day buy trade for a target of 97. However, stock will show a bearish move below 87.5.

Share price targets for Surani Steel (SURANI_SM)

Target Type	Value
Downside Target	75.10
Downside Target	84.55
Upside Target	91.50
Upside Target	93.60
Upside Target	95.95
Upside Target	100.10
Upside Target	125.00
Upside Target	145.15
Upside Target	230.00
Upside Target	261.00
Upside Target	265.80
Upside Target	318.90
Upside Target	334.00

Intraday share price targets for Surani Steel (SURANI_SM)

Target Type	Value
Downside Intraday Target	82.57
Downside Intraday Target	75.33
Upside Intraday Target	99.02
Upside Intraday Target	108.23
Upside Intraday Target	91.78

Weekly technical analysis of Surani Steel (SURANI_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Aug 2025	89.80	91.70	101.00	84.55	0.596 times
14 Thu Aug 2025	88.45	90.00	97.50	75.10	8.111 times
06 Wed Aug 2025	95.95	93.20	95.95	91.50	0.667 times
31 Thu Jul 2025	94.70	99.05	100.10	93.60	0.19 times
25 Fri Jul 2025	103.45	110.50	125.00	101.00	1.303 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 Surani Steel (SURANI_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Aug 2025	89.80	93.20	101.00	75.10	0.903 times
31 Thu Jul 2025	94.70	108.85	126.90	93.60	0.121 times
18 Mon Nov 2024	145.15	265.80	265.80	145.15	2.783 times
31 Thu Oct 2024	250.00	281.30	318.90	230.00	1.605 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 Surani Steel (SURANI_SM)

Price action analysis of Surani Steel ( (SURANI_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Surani Steel ( (SURANI_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Surani Steel ( (SURANI_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Surani Steel ( (SURANI_SM) ) 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 Surani Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Surani Steel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Surani Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Surani Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.65 and Surani Steel (SURANI_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Surani Steel (SURANI_SM) stock. Volume based technical analysis of Surani Steel (SURANI_SM) stock is negative.

Surani Steel 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.