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Shah Alloys (SHAHALLOYS) Technical (Analysis) Reports Shah Alloys ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Shah Alloys (SHAHALLOYS)
Technical Analysis Report for NSE stock SHAHALLOYS Shah Alloys. Dated: 23 Jul 2026 Updated Daily. Stock trades under Iron & Steel in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock SHAHALLOYS Shah Alloys then click here. or read Experts views on Shah Alloys or Forecast & share price targets of Shah Alloys
Shah Alloys Opened at 67.95 and Closed at: 67.68, which is 1.92% of previous session's close. It moved within a range of 66.27 and 69.02
The session was a Bearish session with an average volume of 5695, which is 27.09% 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.
A Dead cross was found 3 days back on short term averages
Support for tomorrow is 65.6 and resistance for tomorrow is 68.35
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 66.29, 64.91 resistance for tomorrow's hourly charts is 69.04, 70.41
10 Day SMA for Shah Alloys (SHAHALLOYS) is 69.87 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Shah Alloys (SHAHALLOYS) is 70.8 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Shah Alloys (SHAHALLOYS) is 69.81 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 67.26 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Shah Alloys is 68.59 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Shah Alloys is at 70.8 and 200 DMA is at 68.59, while 50 DMA and 100 DMA are at 69.81 and 67.26 respectively
Shah Alloys (SHAHALLOYS) moving average of 20 SMA is at 70.8 and 20 EMA is at 69.86
| Date | Closing Price | 20 SMA | 20 EMA |
| 23 Thu Jul | 67.68 | 70.8 | 69.86 |
| 22 Wed Jul | 66.38 | 71.04 | 70.09 |
| 21 Tue Jul | 65.05 | 71.27 | 70.48 |
| 20 Mon Jul | 67.40 | 71.63 | 71.05 |
| 17 Fri Jul | 68.93 | 71.72 | 71.43 |
| 16 Thu Jul | 71.35 | 71.59 | 71.69 |
Shah Alloys (SHAHALLOYS) moving average of 50 SMA is at 69.81 and 50 EMA is at 69.61
| Date | Closing Price | 50 SMA | 50 EMA |
| 23 Thu Jul | 67.68 | 69.81 | 69.61 |
| 22 Wed Jul | 66.38 | 69.81 | 69.69 |
| 21 Tue Jul | 65.05 | 69.94 | 69.83 |
| 20 Mon Jul | 67.40 | 70.11 | 70.02 |
| 17 Fri Jul | 68.93 | 70.21 | 70.13 |
| 16 Thu Jul | 71.35 | 70.23 | 70.18 |
Shah Alloys (SHAHALLOYS) moving average of 100 SMA is at 67.26 and 100 EMA is at 68.69
| Date | Closing Price | 100 SMA | 100 EMA |
| 23 Thu Jul | 67.68 | 67.26 | 68.69 |
| 22 Wed Jul | 66.38 | 67.25 | 68.71 |
| 21 Tue Jul | 65.05 | 67.25 | 68.76 |
| 20 Mon Jul | 67.40 | 67.24 | 68.83 |
| 17 Fri Jul | 68.93 | 67.23 | 68.86 |
| 16 Thu Jul | 71.35 | 67.22 | 68.86 |
Shah Alloys (SHAHALLOYS) moving average of 200 SMA is at 68.59 and 200 EMA is at 67.69
| Date | Closing Price | 200 SMA | 200 EMA |
| 23 Thu Jul | 67.68 | 68.59 | 67.69 |
| 22 Wed Jul | 66.38 | 68.6 | 67.69 |
| 21 Tue Jul | 65.05 | 68.6 | 67.7 |
| 20 Mon Jul | 67.40 | 68.61 | 67.73 |
| 17 Fri Jul | 68.93 | 68.61 | 67.73 |
| 16 Thu Jul | 71.35 | 68.61 | 67.72 |
Jsw Steel has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Jsw Steel, about 6.17% more returns!
Tata Steel has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Tata Steel, about 2.53% more returns!
Jindal Steel has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Jindal Steel, about 0.51% more returns!
Vedanta has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Vedanta, about 1.66% more returns!
Shah Alloys has performed better than Gallantt Metal in short term. Holding Shah Alloys could be a better choice for now!
Shah Alloys has performed better than Godawari Power in short term. Holding Shah Alloys could be a better choice for now!
Jayaswal Neco has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Jayaswal Neco, about 2.62% more returns!
Jindal Stainless has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Jindal Stainless, about 10.78% more returns!
Mukand has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Mukand, about 9.03% more returns!
Shah Alloys has performed better than Prakash Industries in short term. Holding Shah Alloys could be a better choice for now!
Shah Alloys has performed better than Steel Authority in short term. Holding Shah Alloys could be a better choice for now!
Sarda Energy has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Sarda Energy, about 1.32% more returns!
Sunflag Iron has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Sunflag Iron, about 6.19% more returns!
Vaswani Industries has performed better than Shah Alloys in short term. You could have earned much better returns by investing in Vaswani Industries, about 2.79% more returns!
Shah Alloys Technical analysis of indicators
Price action analysis of Shah Alloys (SHAHALLOYS) 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 Shah Alloys stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.
Shah Alloys 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shah Alloys 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shah Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 70.95 and Shah Alloys SHAHALLOYS 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 Shah Alloys SHAHALLOYS stock. Volume based technical analysis of Shah Alloys SHAHALLOYS stock is negative.
Shah Alloys Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
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 NSE stock SHAHALLOYS Shah Alloys These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And SHAHALLOYS Experts View which covers a lot of information including buying and selling signals
SHAHALLOYS future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Shah Alloys or View Candle Stick Charts here
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