539574 NEWS why is Scl price falling or rising

539574 NEWS reasons for why stock price of Scl is falling or rising

539574 Scl is falling or rising technical reasons

Technical analysis forecast for Scl 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 Scl 539574 at this time. Stock is falling and might fall more.

It appears as if Scl 539574 gave a large move recently.

Stock of Scl (539574) 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 Scl is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Scl stays below 1.9, but if it comes above 1.9, then a intra day buy could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.7 as target. However if you take a buy trade in Scl, then use 1.9 as stoploss and 1.99 as target.

539574 Scl is falling or rising NEWS fundamental reasons

Jindal Saw to acquire 31.20 pc stake in ReNew Green Energy for undisclosed amount Jindal Saw signed an agreement with ReNew Green Energy Solutions. Jindal Saw will acquire part of ReNew Green MHH One. The deal involves a 31.20% equity stake. Jindal Saw aims to secure cheaper electricity. The acquisition should be finalized by May 31 - NEWS as on 2024-12-17 indiatimes.com

More announcements and NEWS

539574 Scl current price & indicator signals

Moving Averages for Scl

  • 5Day Average: 1.85
  • 12Day Average: 2.02
  • 20Day Average: 2.02
  • 50Day Average: 2.02
  • 100Day Average: 2.17
  • 150Day Average: 2.47
  • 200Day Average: 12.39

539574 Indicators & signals

Indicator MACD (12,26,9)

1.95, 1.99, -0.01
Indicator MACD is in negative zone

Indicator ADX (14)

0, 58.33, 58.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 539574 Scl are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Thu Dec 2024 1.82 1.66 to 1.82 4.6% 0.29 times
18 Wed Dec 2024 1.74 1.74 to 1.82 -4.92% 0.9 times
17 Tue Dec 2024 1.83 1.83 to 1.91 -4.69% 1.09 times
16 Mon Dec 2024 1.92 1.85 to 2.00 -1.03% 1.47 times
13 Fri Dec 2024 1.94 1.94 to 2.05 -4.9% 1.13 times
12 Thu Dec 2024 2.04 2.00 to 2.15 -2.86% 0.73 times
11 Wed Dec 2024 2.10 1.91 to 2.10 5% 1.06 times
10 Tue Dec 2024 2.00 2.00 to 2.00 -4.76% 0.35 times
09 Mon Dec 2024 2.10 2.10 to 2.10 -4.98% 0.27 times
06 Fri Dec 2024 2.21 2.21 to 2.21 -4.74% 0.43 times
05 Thu Dec 2024 2.32 2.31 to 2.32 4.98% 2.57 times
04 Wed Dec 2024 2.21 2.20 to 2.21 4.74% 2.19 times

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