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 |
| 09 Fri May 2025 | 17.31 | 17.20 to 17.99 | -4.36% | 0.88 times |
| 08 Thu May 2025 | 18.10 | 18.00 to 19.39 | -3.93% | 1.31 times |
| 07 Wed May 2025 | 18.84 | 18.20 to 19.56 | -4.41% | 0.69 times |
| 06 Tue May 2025 | 19.71 | 18.42 to 21.70 | 4.34% | 4.28 times |
| 05 Mon May 2025 | 18.89 | 18.33 to 19.20 | 0.96% | 0.18 times |
| 02 Fri May 2025 | 18.71 | 18.55 to 19.74 | -2.5% | 0.29 times |
| 30 Wed Apr 2025 | 19.19 | 19.00 to 20.90 | -2.29% | 0.68 times |
| 29 Tue Apr 2025 | 19.64 | 19.55 to 20.33 | 0% | 0.31 times |
| 28 Mon Apr 2025 | 19.64 | 19.40 to 20.00 | 0.36% | 0.22 times |
| 25 Fri Apr 2025 | 19.57 | 19.35 to 22.29 | -7.6% | 0.85 times |
| 24 Thu Apr 2025 | 21.18 | 20.50 to 21.71 | 0.47% | 1.18 times |
| 23 Wed Apr 2025 | 21.08 | 18.61 to 21.44 | 11.06% | 1.89 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
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, for a target of 18 or 18.93