SALSTEEL NEWS why is S.a.l. Steel Limited price falling or rising

SALSTEEL NEWS reasons for why stock price of S.a.l. Steel Limited is falling or rising

SALSTEEL S A is falling or rising technical reasons

Technical analysis forecast of S A Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in S A SALSTEEL at this time. Stock is rising and might rise more.

It appears as if S A SALSTEEL gave a large move recently.

Stock of S A (SALSTEEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for S A is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.5, for a target of 23.4 or 20.85

SALSTEEL S A is falling or rising NEWS fundamental reasons

Premier Explosives gains as board OKs 1:5 stock split Premier Explosives advanced 2.91% to Rs 2,079.95 after its board approved the sub-division of 1 equity share having face value Rs 10 into 5 equity shares of face value Rs 2 each. - NEWS as on 2024-04-19 business-standard.com

Vodafone Idea FPO subscribed 26%; BSE warns investors against fake videos Specialty chemicals company Kronox Lab Sciences has received Sebi's go-ahead to raise funds through an initial public offering (IPO), an update with the capital markets regulator showed on Thursday - NEWS as on 2024-04-19 business-standard.com

Board of Infosys approves acquisition of in-tech Holding GmbH At meeting held on 17 & 18 April 2024 - NEWS as on 2024-04-18 business-standard.com

Credit demand, low liquidity boost deposit rates at banks Despite RBI's unchanged rates, lenders raised deposit rates by 96 bps in FY24 due to rising credit demand. Liquidity tightened with incremental cash reserve ratio, leading to a multi-year high liquidity deficit. - NEWS as on 2024-04-18 indiatimes.com

Som Distilleries & Breweries appoints Chief Marketing Officer Anand's career includes significant tenures at Hindustan Unilever, United Spirits (Diageo), and Pernod Ricard India, where he successfully led initiatives that substantially improved market share and fostered strong consumer preference for numerous iconic - NEWS as on 2024-04-17 business-standard.com

Sasken Tech rises after inking pact with Joynext Sasken Technoloies jumped 2.96% to Rs 1571.80 after the company announced a strategic partnership with Joynext to collaborate for the development of automotive industry. - NEWS as on 2024-04-16 business-standard.com

Gold, silver prices hit peaks on global cues amid tensions in West Asia Extending gains for the second day in a row, gold and silver prices hit fresh all-time high levels on Tuesday, tracking strong trends in the international markets amid fears of escalating tensions in the Middle East. According to HDFC Securities, gold pric - NEWS as on 2024-04-16 business-standard.com

Resident entities permitted to hedge exposures to price risk of gold using OTC derivatives also in IFSC Powered by Capital Market - Live News - NEWS as on 2024-04-15 business-standard.com

Crude oil sheds more than per barrel after Iran's attack on Israel Brent futures for June delivery fell 91 cents to .54 a barrel, a 1% loss, by 1:17 p.m. EDT (1717 GMT). U.S. crude futures for May delivery fell 87 cents to .79 per barrel, a 1% loss - NEWS as on 2024-04-15 business-standard.com

When Bharat places a buy on India, D-Street can thank discount brokers The Big Four in this business - Groww, Zerodha, Angel One, and Upstox - continue to displace traditional brokers with a 63% combined market share of active clients by the end of FY24, up 4 percentage points in a year, showed NSE data. - NEWS as on 2024-04-15 indiatimes.com

Gap in stock prices, corporate earnings at highest level since 1990 Analysts attribute the growing divergence between stock price and corporate earnings to the valuation-driven rally - NEWS as on 2024-04-14 business-standard.com

More young adults are choosing sterilization since Dobbs decision, study finds - NEWS as on 2024-04-13 marketwatch.com

Lemon Tree Hotels opens a wildlife resort in Nepal Lemon Tree Hotels announced opening of a Tigerland Safari, a Lemon Tree resort at Chitwan in Nepal. - NEWS as on 2024-04-13 business-standard.com

Lupin gains as Gujarat unit clears USFDA inspection Lupin rose 1.19% to Rs 1,624.65 after the company said that its API manufacturing facility located at Dabhasa, Gujarat has completed the United States Food and Drug Administration (USFDA) inspection with no observations. - NEWS as on 2024-04-12 business-standard.com

Train to Sikkim: Railways completes mining in 10 out of 14 tunnels, sets August 2025 deadline ​​The project, covering a total length of 44.96 km between Sivok (West Bengal) to Ranpo (Sikkim), has 14 tunnels, 22 bridges (13 major and 9 minor) and five railway stations viz Sivok, Riyang, Teesta Bazar, Melli and Rangpo. - NEWS as on 2024-04-12 indiatimes.com

Banks seek flexible reserve norms as RBI weighs risks Lenders have asked the RBI to permit the compulsory portion of funds set aside for the maintenance of the Cash Reserve Ratio (CRR) to be made eligible as High Quality Liquid Assets (HQLA) for the purpose of computing Liquidity Coverage Ratio (LCR), sources - NEWS as on 2024-04-12 indiatimes.com

Root, Inc. (ROOT) Gains As Market Dips: What You Should Know In the latest trading session, Root, Inc. (ROOT) closed at .78, marking a +1.64% move from the previous day. The stock outpaced the S&P 500's daily loss of 1.46%. Meanwhile, the Dow experienced a drop of 1.24%, and the tech - NEWS as on 2024-04-12 nasdaq.com

Company Announcement - NEWS as on 2024-04-10

Company Announcement S.A.L. Steel Limited has informed the Exchange regarding Notice of Postal Ballot - NEWS as on 2024-02-27

Company Announcement S.A.L. Steel Limited has informed the Exchange regarding Outcome of Board Meeting held on February 24, 2024. - NEWS as on 2024-02-26

Company Announcement S.A.L. Steel Limited has informed the Exchange regarding Board meeting held on February 08, 2024. - NEWS as on 2024-02-09

Board Meeting to discuss Financial Results/Other business matters To consider and approve the financial results for the period ended December 31, 2023 and other business matters - NEWS as on 2024-01-30

More announcements and NEWS

SALSTEEL S.a.l. Steel Limited current price & indicator signals

Moving Averages for S.a.l. Steel Limited

  • 5Day Average: 23.97
  • 12Day Average: 21.15
  • 20Day Average: 20.23
  • 50Day Average: 18.19
  • 100Day Average: 17.38
  • 150Day Average: 17.03
  • 200Day Average: 16.91

SALSTEEL Indicators & signals

Indicator MACD (12,26,9)

22.06, 20.26, 1.07
Indicator MACD is in positive zone

Indicator ADX (14)

70.67, 42.38, 7.28
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 66
Indicator RSI is indicating buying momentum and stock might rise.

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
22 Fri Dec 2023 25.95 25.30 to 27.10 2.57% 0.87 times
21 Thu Dec 2023 25.30 24.00 to 27.35 -4.89% 1.34 times
20 Wed Dec 2023 26.60 23.40 to 27.45 16.16% 5.73 times
19 Tue Dec 2023 22.90 19.15 to 22.90 19.9% 2.02 times
18 Mon Dec 2023 19.10 19.00 to 19.70 0.79% 0.15 times
15 Fri Dec 2023 18.95 18.80 to 19.55 -0.26% 0.14 times
14 Thu Dec 2023 19.00 18.95 to 19.25 0.53% 0.11 times
13 Wed Dec 2023 18.90 18.85 to 19.10 -0.79% 0.07 times
12 Tue Dec 2023 19.05 18.90 to 19.60 -1.55% 0.12 times
11 Mon Dec 2023 19.35 19.00 to 19.70 1.04% 0.14 times
08 Fri Dec 2023 19.15 18.95 to 19.85 -2.05% 0.18 times
07 Thu Dec 2023 19.55 19.10 to 19.75 2.36% 0.28 times

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SALSTEEL NEWS why is S.a.l. Steel Limited price falling or rising

 

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