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Stock analysis S.A.L. Steel Limited SALSTEEL

More indepth analysis on MunafaSutra.com

Moving Averages for S.A.L. Steel Limited

  • 5Day Average: 17.7
  • 12Day Average: 17.97
  • 20Day Average: 18.04
  • 50Day Average: 18.45
  • 100Day Average: 19.03
  • 150Day Average: 20.58
  • 200Day Average: 22

SALSTEEL Indicators & signals

Indicator MACD (12,26,9)

17.86, 18.07, -0.15
Indicator MACD is in negative zone

Indicator ADX (14)

14.29, 18.07, 24.1
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SALSTEEL S.A.L. Steel Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Wed Jun 2025 16.95 16.38 to 18.02 -4.72% 3.24 times
17 Tue Jun 2025 17.79 17.55 to 18.48 -0.56% 0.98 times
16 Mon Jun 2025 17.89 17.51 to 18.19 -0.67% 0.63 times
13 Fri Jun 2025 18.01 17.80 to 18.18 0.84% 0.57 times
12 Thu Jun 2025 17.86 17.81 to 18.35 -1.11% 1.03 times
11 Wed Jun 2025 18.06 17.95 to 18.70 -0.77% 2.77 times
10 Tue Jun 2025 18.20 18.01 to 18.54 0.05% 1.07 times
09 Mon Jun 2025 18.19 18.00 to 18.43 0.33% 1.2 times
06 Fri Jun 2025 18.13 18.00 to 18.50 -0.87% 0.61 times
05 Thu Jun 2025 18.29 18.05 to 18.90 0.94% 0.64 times
04 Wed Jun 2025 18.12 18.00 to 18.35 0.06% 0.51 times
03 Tue Jun 2025 18.11 18.00 to 18.39 -1.52% 0.78 times

Technical analysis forecast for S.A.L. Steel Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT S.A.L. Steel Limited SALSTEEL at this time. Stock is falling and might fall more.

It appears as if S.A.L. Steel Limited SALSTEEL gave a large move recently.

Stock of S.A.L. Steel Limited (SALSTEEL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for S.A.L. Steel Limited 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 17.4, for a target of 17.7 or 17.99

More indepth analysis on MunafaSutra.com