Stock analysis Steel Exchange India Ltd STEELXIND
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Recent prices of STEELXIND Steel Exchange India Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 15 Wed Jan 2025 | 9.97 | 9.65 to 10.22 | 1.42% | 0.81 times |
| 14 Tue Jan 2025 | 9.83 | 9.15 to 10.25 | 7.43% | 1.16 times |
| 13 Mon Jan 2025 | 9.15 | 9.02 to 9.85 | 0% | 1.18 times |
| 13 Mon Jan 2025 | 9.15 | 9.02 to 9.85 | -7.58% | 1.18 times |
| 10 Fri Jan 2025 | 9.90 | 9.86 to 10.17 | -2.85% | 0.8 times |
| 09 Thu Jan 2025 | 10.19 | 10.11 to 10.52 | -2.39% | 0.57 times |
| 08 Wed Jan 2025 | 10.44 | 10.17 to 10.69 | 1.06% | 0.64 times |
| 07 Tue Jan 2025 | 10.33 | 10.21 to 10.42 | 0.49% | 0.55 times |
| 06 Mon Jan 2025 | 10.28 | 10.17 to 11.00 | -4.9% | 1.23 times |
| 03 Fri Jan 2025 | 10.81 | 10.44 to 10.94 | 3.64% | 1.53 times |
| 02 Thu Jan 2025 | 10.43 | 10.17 to 10.59 | 2.46% | 1.17 times |
| 01 Wed Jan 2025 | 10.18 | 10.11 to 10.24 | -0.2% | 0.52 times |
Technical analysis forecast for Steel Exchange India Ltd 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 Steel Exchange India Ltd STEELXIND at this time. Stock is falling and might fall more.
It appears as if Steel Exchange India Ltd STEELXIND gave a large move recently.
Stock of Steel Exchange India Ltd (STEELXIND) 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 Steel Exchange India Ltd is bearish for shortterm, and stock might move down till 9.7 or till 9.2. Use a stoploss of 10.17 and if the stock hits stoploss, then it can shoot up till 10.6