Sh Steel Opened at 22.99 and Closed at: 20.88, which is 1.53% of previous session's close. It moved within a range of 20.05 and 22.99
The session was a Bearish session with an average volume of 2377, which is -101.14% of previous session's volumes.

The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.

A Golden cross was found 2 days back on short term averages

A Dead cross was found 3 days back on short term averages

A Golden cross was found 7 days back on short term averages

Support for tomorrow is 19 and resistance for tomorrow is 21.94
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 19.62, 18.37 resistance for tomorrow's hourly charts is 22.56, 24.25

10 Day SMA for Sh Steel (513488) is 21.49 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Sh Steel (513488) is 21.25 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Sh Steel (513488) is 20.58 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 20.39 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Sh Steel is 23.67 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Sh Steel is at 21.25 and 200 DMA is at 23.67, while 50 DMA and 100 DMA are at 20.58 and 20.39 respectively

Sh Steel (513488) moving average of 20 SMA is at 21.25 and 20 EMA is at 21.18

Date	Closing Price	20 SMA	20 EMA
05 Fri Jun	20.88	21.25	21.18
04 Thu Jun	20.56	21.29	21.21
03 Wed Jun	21.55	21.34	21.28
02 Tue Jun	20.06	21.28	21.25
01 Mon Jun	21.51	21.35	21.37
29 Fri May	23.75	21.29	21.35

Sh Steel (513488) moving average of 50 SMA is at 20.58 and 50 EMA is at 20.89

Date	Closing Price	50 SMA	50 EMA
05 Fri Jun	20.88	20.58	20.89
04 Thu Jun	20.56	20.56	20.89
03 Wed Jun	21.55	20.53	20.9
02 Tue Jun	20.06	20.46	20.87
01 Mon Jun	21.51	20.4	20.9
29 Fri May	23.75	20.33	20.87

Sh Steel (513488) moving average of 100 SMA is at 20.39 and 100 EMA is at 21.42

Date	Closing Price	100 SMA	100 EMA
05 Fri Jun	20.88	20.39	21.42
04 Thu Jun	20.56	20.43	21.43
03 Wed Jun	21.55	20.47	21.45
02 Tue Jun	20.06	20.48	21.45
01 Mon Jun	21.51	20.52	21.48
29 Fri May	23.75	20.55	21.48

Sh Steel (513488) moving average of 200 SMA is at 23.67 and 200 EMA is at 23.86

Date	Closing Price	200 SMA	200 EMA
05 Fri Jun	20.88	23.67	23.86
04 Thu Jun	20.56	23.71	23.89
03 Wed Jun	21.55	23.76	23.92
02 Tue Jun	20.06	23.8	23.94
01 Mon Jun	21.51	23.84	23.98
29 Fri May	23.75	23.88	24

Sh Steel Technical analysis of indicators

Price action analysis of Sh Steel (513488) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.

Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sh Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.12 and Sh Steel 513488 stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sh Steel 513488 stock. Volume based technical analysis of Sh Steel 513488 stock is negative.

Sh Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for BSE stock 513488 Sh Steel These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And 513488 Experts View which covers a lot of information including buying and selling signals

513488 future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Sh Steel or View Candle Stick Charts here

Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX

Chart Sh Steel (513488) Technical (Analysis) Reports Sh Steel [

Sh Steel (513488) Technical (Analysis) Reports Sh Steel ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

20 DMA of Sh Steel is at 21.25 and 200 DMA is at 23.67, while 50 DMA and 100 DMA are at 20.58 and 20.39 respectively

Sh Steel Technical analysis of indicators

Tomorrow's Predictions

Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX

Videos related to: Sh Steel (513488) Technical (Analysis) Reports Sh Steel ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

Hindi Video Correct Way Of Technical Analysis How To Find Entry Exit Points On Charts

Hindi Video Most Important Stock Market Video. No Success Without This Formula

Quick links for BSE

Back to top