SHAHALLOYS NEWS why is Shah Alloys Limited price falling or rising

SHAHALLOYS NEWS reasons for why stock price of Shah Alloys Limited is falling or rising

SHAHALLOYS Shah Alloys is falling or rising technical reasons

Technical analysis forecast for Shah Alloys 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 Shah Alloys SHAHALLOYS at this time. Stock is falling and might fall more.

It appears as if Shah Alloys SHAHALLOYS gave a large move recently.

Stock of Shah Alloys (SHAHALLOYS) 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 Shah Alloys is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shah Alloys stays below 51.6, but if it comes above 51.6, then a intra day buy could be more profitable.
If you take a sell trade below 51.6, then use 51.6 as stoploss and 32.2 as target. However if you take a buy trade in Shah Alloys, then use 51.6 as stoploss and 67.7 as target.

SHAHALLOYS Shah Alloys is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2025-02-13

Company Announcement Shah Alloys Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2025-02-13

Board Meeting to discuss Financial Results/Other business matters To consider and approve the financial results for the period ended December 31, 2024 and other business matters - NEWS as on 2025-01-28

Company Announcement Shah Alloys Limited has informed the Exchange about General Updates - NEWS as on 2024-12-16

Board Meeting to discuss Financial Results/Other business matters To consider and approve the financial results for the period ended September 30, 2024 and other business matters - NEWS as on 2024-10-30

Company Announcement Shah Alloys Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-09-30

More announcements and NEWS

SHAHALLOYS Shah Alloys Limited current price & indicator signals

Moving Averages for Shah Alloys Limited

  • 5Day Average: 56.18
  • 12Day Average: 61.91
  • 20Day Average: 72.85
  • 50Day Average: 74.58
  • 100Day Average: 67.92
  • 150Day Average: 68.37
  • 200Day Average: 64.79

SHAHALLOYS Indicators & signals

Indicator MACD (12,26,9)

62.79, 69.55, -3.4
Indicator MACD is in negative zone

Indicator ADX (14)

27.23, 20.19, 35.3
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHAHALLOYS Shah Alloys Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Tue Feb 2025 45.82 45.01 to 50.87 -8.85% 0.78 times
17 Mon Feb 2025 50.27 48.51 to 59.84 -11.15% 1.13 times
14 Fri Feb 2025 56.58 56.00 to 63.99 -9.89% 0.65 times
13 Thu Feb 2025 62.79 61.81 to 70.89 -4.08% 1.13 times
12 Wed Feb 2025 65.46 58.05 to 67.30 0.46% 0.42 times
11 Tue Feb 2025 65.16 64.10 to 68.80 -5.82% 0.16 times
10 Mon Feb 2025 69.19 67.80 to 71.62 -3.97% 0.61 times
07 Fri Feb 2025 72.05 62.59 to 75.19 13.57% 5 times
06 Thu Feb 2025 63.44 63.00 to 65.60 -1.7% 0.15 times
05 Wed Feb 2025 64.54 62.60 to 66.00 2.61% 0.23 times
04 Tue Feb 2025 62.90 61.77 to 67.81 -2.89% 0.51 times
03 Mon Feb 2025 64.77 64.35 to 69.06 -39.9% 0.34 times

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SHAHALLOYS NEWS why is Shah Alloys Limited price falling or rising

 

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