Stock analysis Shah Alloys Limited SHAHALLOYS
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Recent prices of SHAHALLOYS Shah Alloys Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 13 Thu Mar 2025 | 48.24 | 46.71 to 48.98 | 0.42% | 0.61 times |
| 12 Wed Mar 2025 | 48.04 | 46.10 to 48.57 | 1.59% | 0.68 times |
| 11 Tue Mar 2025 | 47.29 | 46.98 to 49.38 | -2.84% | 0.38 times |
| 10 Mon Mar 2025 | 48.67 | 47.00 to 49.39 | 3.27% | 0.58 times |
| 07 Fri Mar 2025 | 47.13 | 45.71 to 50.00 | 3.67% | 2.62 times |
| 06 Thu Mar 2025 | 45.46 | 44.92 to 46.89 | 1.97% | 1.86 times |
| 05 Wed Mar 2025 | 44.58 | 43.81 to 46.49 | 1.76% | 1.35 times |
| 04 Tue Mar 2025 | 43.81 | 43.30 to 45.46 | -2.23% | 0.79 times |
| 03 Mon Mar 2025 | 44.81 | 44.00 to 49.58 | -7.07% | 0.67 times |
| 28 Fri Feb 2025 | 48.22 | 44.66 to 48.87 | -0.6% | 0.56 times |
| 27 Thu Feb 2025 | 48.51 | 47.60 to 52.86 | -6.48% | 0.51 times |
| 25 Tue Feb 2025 | 51.87 | 50.50 to 55.02 | -4.76% | 0.23 times |
Technical analysis forecast for Shah Alloys 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 Shah Alloys Limited SHAHALLOYS at this time. Stock is falling and might fall more.
It appears as if Shah Alloys Limited SHAHALLOYS gave a large move recently.
Stock of Shah Alloys Limited (SHAHALLOYS) 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...
My analysis of Shah Alloys Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 47.3 as stoploss in an intra day buy trade for a target of 51.99. However, stock will show a bearish move below 47.3.