Salsteel Opened at 33.57 and Closed at: 35.83, which is 1.93% of previous session's close. It moved within a range of 33.57 and 36.88
The session was a Bullish session with an average volume of 20279, which is -144.94% of previous session's volumes.

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

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

Support for tomorrow is 34.7 and resistance for tomorrow is 38.01
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 33.97, 32.12 resistance for tomorrow's hourly charts is 37.28, 38.74

10 Day SMA for Salsteel (532604) is 39.49 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Salsteel (532604) is 40.99 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Salsteel (532604) is 35.73 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 27.86 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Salsteel is 23.23 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Salsteel is at 40.99 and 200 DMA is at 23.23, while 50 DMA and 100 DMA are at 35.73 and 27.86 respectively

Salsteel (532604) moving average of 20 SMA is at 40.99 and 20 EMA is at 39.15

Date	Closing Price	20 SMA	20 EMA
05 Fri Dec	35.83	40.99	39.15
04 Thu Dec	35.14	41.29	39.5
03 Wed Dec	35.28	41.6	39.96
02 Tue Dec	37.13	41.85	40.45
01 Mon Dec	39.08	41.97	40.8
28 Fri Nov	41.13	41.96	40.98

Salsteel (532604) moving average of 50 SMA is at 35.73 and 50 EMA is at 35.95

Date	Closing Price	50 SMA	50 EMA
05 Fri Dec	35.83	35.73	35.95
04 Thu Dec	35.14	35.64	35.96
03 Wed Dec	35.28	35.59	35.99
02 Tue Dec	37.13	35.52	36.02
01 Mon Dec	39.08	35.45	35.97
28 Fri Nov	41.13	35.36	35.84

Salsteel (532604) moving average of 100 SMA is at 27.86 and 100 EMA is at 30.93

Date	Closing Price	100 SMA	100 EMA
05 Fri Dec	35.83	27.86	30.93
04 Thu Dec	35.14	27.68	30.83
03 Wed Dec	35.28	27.5	30.74
02 Tue Dec	37.13	27.32	30.65
01 Mon Dec	39.08	27.13	30.52
28 Fri Nov	41.13	26.91	30.35

Salsteel (532604) moving average of 200 SMA is at 23.23 and 200 EMA is at 26.62

Date	Closing Price	200 SMA	200 EMA
05 Fri Dec	35.83	23.23	26.62
04 Thu Dec	35.14	23.15	26.53
03 Wed Dec	35.28	23.08	26.44
02 Tue Dec	37.13	23	26.35
01 Mon Dec	39.08	22.92	26.24
28 Fri Nov	41.13	22.82	26.11

Salsteel Technical analysis of indicators

Price action analysis of Salsteel (532604) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Salsteel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Salsteel 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 Salsteel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Salsteel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.47 and Salsteel 532604 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 Salsteel 532604 stock. Volume based technical analysis of Salsteel 532604 stock is negative.

Salsteel Stock has given negative 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 532604 Salsteel These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And 532604 Experts View which covers a lot of information including buying and selling signals

532604 future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Salsteel 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 Salsteel (532604) Technical (Analysis) Reports Salsteel [

Salsteel (532604) Technical (Analysis) Reports Salsteel ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

20 DMA of Salsteel is at 40.99 and 200 DMA is at 23.23, while 50 DMA and 100 DMA are at 35.73 and 27.86 respectively

Salsteel 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

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