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 |
| 25 Tue Feb 2025 | 8.08 | 8.00 to 8.55 | -4.15% | 1.47 times |
| 24 Mon Feb 2025 | 8.43 | 8.36 to 8.59 | -1.52% | 0.53 times |
| 21 Fri Feb 2025 | 8.56 | 8.45 to 8.82 | -0.23% | 1.27 times |
| 20 Thu Feb 2025 | 8.58 | 8.40 to 8.73 | -0.12% | 0.87 times |
| 19 Wed Feb 2025 | 8.59 | 8.34 to 8.92 | 1.3% | 0.9 times |
| 18 Tue Feb 2025 | 8.48 | 8.40 to 8.68 | -1.51% | 0.76 times |
| 17 Mon Feb 2025 | 8.61 | 8.40 to 8.93 | -2.16% | 1.78 times |
| 14 Fri Feb 2025 | 8.80 | 8.73 to 9.15 | -2.44% | 0.97 times |
| 13 Thu Feb 2025 | 9.02 | 8.89 to 9.30 | 0.45% | 1.03 times |
| 12 Wed Feb 2025 | 8.98 | 8.80 to 9.36 | -1.86% | 0.91 times |
| 11 Tue Feb 2025 | 9.15 | 9.02 to 9.44 | -3.07% | 0.98 times |
| 10 Mon Feb 2025 | 9.44 | 9.31 to 9.89 | -4.07% | 0.8 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, but trade for tomorrow is selective. Take a sell trade only if Steel Exchange India Ltd stays below 8.4, but if it comes above 8.4, then a intra day buy could be more profitable.
If you take a sell trade below 8.4, then use 8.4 as stoploss and 7.5 as target. However if you take a buy trade in Steel Exchange India Ltd, then use 8.4 as stoploss and 9.04 as target.