Stock analysis S.A.L. Steel Limited SALSTEEL
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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