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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 2025-02-06 View latest technical analysis

10 day averaged volume of Surani Steel is 1300

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	171.00	171.00	171.00	171.00	0.154 times
05 Wed Feb 2025	163.90	161.00	171.15	154.85	1.538 times
04 Tue Feb 2025	163.00	161.05	163.00	160.80	1.231 times
03 Mon Feb 2025	169.25	169.25	183.00	169.25	2.615 times
31 Fri Jan 2025	187.50	171.85	188.00	171.85	0.923 times
30 Thu Jan 2025	180.90	172.90	188.95	172.90	0.308 times
29 Wed Jan 2025	182.00	179.00	188.00	179.00	0.462 times
28 Tue Jan 2025	188.00	174.00	191.85	174.00	0.923 times
24 Fri Jan 2025	182.75	171.95	182.75	171.95	0.462 times
23 Thu Jan 2025	175.00	170.00	175.00	170.00	1.231 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 172.6, but if it comes above 172.6, then a intra day buy could be more profitable.
If you take a sell trade below 172.6, then use 172.6 as stoploss and 161.1 as target. However if you take a buy trade in stock , then use 172.6 as stoploss and 182.28 as target.

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	154.85
Downside 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	156.23
Downside Intraday Target	141.47
Upside Intraday Target	184.38
Upside Intraday Target	197.77
Downside Intraday Target	169.62

Weekly technical analysis of Surani Steel (SURANI_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	171.00	169.25	183.00	154.85	2.118 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Surani Steel (SURANI_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	171.00	169.25	183.00	154.85	0.108 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 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 Surani Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 173.44 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.