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 |
04 Wed Oct 2023 | 9.30 | 9.20 to 9.50 | -2.11% | 0.32 times |
03 Tue Oct 2023 | 9.50 | 9.40 to 9.65 | -0.52% | 0.25 times |
29 Fri Sep 2023 | 9.55 | 9.45 to 9.70 | 0% | 0.25 times |
28 Thu Sep 2023 | 9.55 | 9.50 to 9.75 | -0.52% | 0.22 times |
27 Wed Sep 2023 | 9.60 | 9.20 to 9.80 | -1.03% | 1.19 times |
26 Tue Sep 2023 | 9.70 | 9.55 to 10.05 | -2.02% | 1.15 times |
25 Mon Sep 2023 | 9.90 | 9.80 to 10.20 | -1% | 0.77 times |
22 Fri Sep 2023 | 10.00 | 9.75 to 10.90 | 0% | 2.41 times |
21 Thu Sep 2023 | 10.00 | 9.80 to 10.55 | -3.38% | 1.33 times |
20 Wed Sep 2023 | 10.35 | 10.30 to 10.65 | -1.43% | 0.46 times |
18 Mon Sep 2023 | 10.50 | 10.40 to 11.00 | 1.45% | 1.98 times |
15 Fri Sep 2023 | 10.35 | 10.30 to 10.55 | 0.49% | 0.5 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...
Although my analysis for Steel Exchange India Ltd 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 9.1, for a target of 9.6 or 10.05