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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 2025-02-21 View latest technical analysis

10 day averaged volume of Surani Steel is 5880

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	163.50	165.00	165.00	157.25	0.476 times
20 Thu Feb 2025	165.00	165.00	165.00	165.00	0.136 times
19 Wed Feb 2025	159.35	160.00	161.00	156.75	0.374 times
18 Tue Feb 2025	165.00	165.00	165.00	165.00	0.034 times
14 Fri Feb 2025	165.00	155.00	165.00	155.00	0.442 times
13 Thu Feb 2025	159.15	159.45	159.45	159.00	0.204 times
12 Wed Feb 2025	155.20	152.00	160.00	152.00	0.34 times
11 Tue Feb 2025	160.00	160.00	160.00	160.00	7.857 times
10 Mon Feb 2025	162.45	170.40	170.40	162.45	0.238 times
06 Thu Feb 2025	171.00	171.00	171.00	171.00	0.034 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 159.9 as stoploss in an intra day buy trade for a target of 169.8. However, stock will show a bearish move below 159.9.

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	152.00
Upside Target	165.00
Upside Target	170.00
Upside Target	183.00
Upside Target	183.05
Upside Target	191.85
Upside Target	192.10
Upside Target	197.00
Upside Target	199.40
Upside Target	212.15

Intraday share price targets for Surani Steel (SURANI_ST)

Target Type	Value
Downside Intraday Target	158.5
Downside Intraday Target	153.5
Upside Intraday Target	166.75
Upside Intraday Target	170
Downside Intraday Target	161.75

Weekly technical analysis of Surani Steel (SURANI_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	163.50	165.00	165.00	156.75	0.112 times
14 Fri Feb 2025	165.00	170.40	170.40	152.00	7.417 times
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

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
21 Fri Feb 2025	163.50	169.25	183.00	152.00	1.003 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 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_ST) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

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

Surani Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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 160.36 and Surani Steel (SURANI_ST) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.