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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)

Showing technical analysis as on 2025-02-04 View latest technical analysis

10 day averaged volume of Surani Steel is 1680

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	163.00	161.05	163.00	160.80	0.952 times
03 Mon Feb 2025	169.25	169.25	183.00	169.25	2.024 times
31 Fri Jan 2025	187.50	171.85	188.00	171.85	0.714 times
30 Thu Jan 2025	180.90	172.90	188.95	172.90	0.238 times
29 Wed Jan 2025	182.00	179.00	188.00	179.00	0.357 times
28 Tue Jan 2025	188.00	174.00	191.85	174.00	0.714 times
24 Fri Jan 2025	182.75	171.95	182.75	171.95	0.357 times
23 Thu Jan 2025	175.00	170.00	175.00	170.00	0.952 times
22 Wed Jan 2025	178.00	176.40	178.00	176.40	0.238 times
21 Tue Jan 2025	181.50	180.00	185.65	175.00	1.667 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 166, for a target of 176.1 or 184.53

Share price targets for Surani Steel (SURANI_ST)

Target Type	Value
Downside Target	50.00
Downside Target	60.00
Downside Target	140.00
Downside Target	160.80
Upside Target	170.00
Upside Target	180.00
Upside Target	191.85
Upside Target	192.10
Upside Target	197.00
Upside Target	199.05
Upside Target	199.40
Upside Target	212.15

Intraday share price targets for Surani Steel (SURANI_ST)

Target Type	Value
Downside Intraday Target	154.87
Downside Intraday Target	146.73
Upside Intraday Target	177.07
Upside Intraday Target	191.13
Upside Intraday Target	168.93

Weekly technical analysis of Surani Steel (SURANI_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	163.00	169.25	183.00	160.80	1.471 times
31 Fri Jan 2025	187.50	174.00	191.85	171.85	0.34 times
24 Fri Jan 2025	182.75	181.00	197.00	170.00	0.41 times
17 Fri Jan 2025	190.00	196.80	199.05	185.25	1.937 times
10 Fri Jan 2025	190.00	195.00	199.40	180.00	0.708 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
04 Tue Feb 2025	163.00	169.25	183.00	160.80	0.075 times
31 Fri Jan 2025	187.50	194.25	199.40	170.00	0.962 times
30 Mon Dec 2024	190.45	195.90	212.15	183.05	0.537 times
29 Fri Nov 2024	192.10	147.00	192.10	140.00	0.101 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_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 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_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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 but the sell signal is initial and weak.

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 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 176.63 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.