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

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

10 day averaged volume of Surani Steel is 18540

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed May 2025	125.00	124.05	127.95	124.00	0.076 times
27 Tue May 2025	129.70	128.75	129.70	128.75	0.043 times
26 Mon May 2025	128.80	129.00	130.00	123.35	1.359 times
23 Fri May 2025	129.80	133.50	133.50	129.80	3.279 times
22 Thu May 2025	128.00	123.50	136.50	123.50	0.734 times
20 Tue May 2025	130.00	130.00	130.00	130.00	0.054 times
19 Mon May 2025	129.90	130.00	133.90	129.90	1.489 times
16 Fri May 2025	130.00	131.00	131.00	126.00	2.751 times
15 Thu May 2025	132.10	139.00	139.00	132.10	0.27 times
14 Wed May 2025	139.00	139.00	139.00	139.00	0.011 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 123.8, for a target of 128.1 or 131.66

Share price targets for Surani Steel (SURANI_ST)

Target Type	Value
Downside Target	102.10
Downside Target	123.35
Upside Target	130.00
Upside Target	135.60
Upside Target	138.35
Upside Target	139.00
Upside Target	147.60
Upside Target	152.00
Upside Target	170.00
Upside Target	183.00
Upside Target	199.40

Intraday share price targets for Surani Steel (SURANI_ST)

Target Type	Value
Downside Intraday Target	122.23
Downside Intraday Target	119.47
Upside Intraday Target	128.88
Upside Intraday Target	132.77
Upside Intraday Target	126.12

Weekly technical analysis of Surani Steel (SURANI_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed May 2025	125.00	129.00	130.00	123.35	0.266 times
23 Fri May 2025	129.80	130.00	136.50	123.50	1.788 times
16 Fri May 2025	130.00	131.50	139.00	126.00	144 times
06 Tue May 2025	138.35	135.60	138.35	135.60	0.065 times
02 Fri May 2025	130.25	129.00	137.00	124.45	1.24 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 Surani Steel (SURANI_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed May 2025	125.00	133.00	139.00	123.35	5.969 times
30 Wed Apr 2025	133.00	108.75	137.00	102.10	0.148 times
28 Fri Mar 2025	103.65	147.60	147.60	103.50	3.197 times
28 Fri Feb 2025	155.35	169.25	183.00	152.00	1.024 times

Scroll below to view daily charts

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

Indicators analysis of Surani Steel (SURANI_ST)

Price action analysis of Surani Steel ( (SURANI_ST) ) 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 Surani Steel ( (SURANI_ST) ) 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 Surani Steel ( (SURANI_ST) ) 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 SELL signal for Surani Steel in short term and the sell signal is strong.

Surani Steel 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 green color and prices are in or below the green 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 129.64 and Surani Steel (SURANI_ST) 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 Surani Steel (SURANI_ST) stock. Volume based technical analysis of Surani Steel (SURANI_ST) stock is negative.

Surani Steel Stock has given negative 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.