SSWL NEWS why is Steel Strips Wheels Limited price falling or rising

SSWL NEWS reasons for why stock price of Steel Strips Wheels Limited is falling or rising

SSWL Steel Strips is falling or rising technical reasons

Technical analysis forecast for Steel Strips 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 Steel Strips SSWL at this time. Stock is falling and might fall more.

It appears as if Steel Strips SSWL gave a large move recently.

Stock of Steel Strips (SSWL) 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 Steel Strips is bearish for shortterm, and stock might move down till 223.3 or till 215.8. Use a stoploss of 229.57 and if the stock hits stoploss, then it can shoot up till 235.82

SSWL Steel Strips is falling or rising NEWS fundamental reasons

Company Announcement Steel Strips Wheels Limited has informed the Exchange regarding 'Inks Alloy Wheel Supply Agreement with leading PV OEM'. - NEWS as on 2024-04-16

Company Announcement - NEWS as on 2024-04-05

Company Announcement Steel Strips Wheels Limited has informed the Exchange about Certificate under Regulation 74 (5) (SEBI (Depositories and Participants) Regulations, 2018 received from M/s. Link Intime India Pvt. Ltd., Registrar and Share Transfer Agent (RTA) of the Company - NEWS as on 2024-04-05

Company Announcement Steel Strips Wheels Limited has informed the Exchange regarding 'SSWL achieved at par Monthly Sales Volume YOY in March-24, Monthly Sales in Exports segment (up by 45 % YOY by Volume)'. SSWL achieved Net turnover of Rs. 340.72 Crs in March 2024 Vs Rs. 367. - NEWS as on 2024-04-01

Company Announcement Steel Strips Wheels Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-04-01

Company Announcement Steel Strips Wheels Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-03-20

Company Announcement Steel Strips Wheels Limited has informed the Exchange regarding Forfeiture/Cancellation of 17500 Options. Noted the forfeiture of all the outstanding 17500 vested stock options granted under Steel Strips Wheels Limited- Employees Stock Option Scheme, 201 - NEWS as on 2024-03-18

Company Announcement Steel Strips Wheels Limited has informed the Exchange regarding 'Update regarding release of pledged shares and status of pledged shares of the promoter group of Steel Strips Wheels Limited'. - NEWS as on 2024-02-12

Company Announcement Steel Strips Wheels Limited has informed the Exchange about Loss of Share Certificates intimation received regarding loss of share certificates from shareholder via RTA, Link Intime India Private Limited, New Delhi. The details are herewith enclosed. - NEWS as on 2024-02-09

More announcements and NEWS

SSWL Steel Strips Wheels Limited current price & indicator signals

Moving Averages for Steel Strips Wheels Limited

  • 5Day Average: 224
  • 12Day Average: 226.62
  • 20Day Average: 229.29
  • 50Day Average: 240.35
  • 100Day Average: 254.7
  • 150Day Average: 263.04
  • 200Day Average: 256.8

SSWL Indicators & signals

Indicator MACD (12,26,9)

226.93, 231.65, -5.01
Indicator MACD is in negative zone

Indicator ADX (14)

23.59, 14.5, 23.46
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SSWL Steel Strips Wheels Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 226.90 224.00 to 228.60 1.34% 0.51 times
25 Thu Apr 2024 223.90 223.50 to 228.65 -1.08% 0.65 times
24 Wed Apr 2024 226.35 223.50 to 229.00 1.84% 0.89 times
23 Tue Apr 2024 222.25 220.60 to 226.45 0.75% 1.22 times
22 Mon Apr 2024 220.60 218.70 to 228.00 -1.54% 1.13 times
19 Fri Apr 2024 224.05 222.25 to 226.70 -1.04% 0.35 times
18 Thu Apr 2024 226.40 224.75 to 234.75 -1.05% 1.56 times
16 Tue Apr 2024 228.80 223.90 to 238.50 1.94% 1.71 times
15 Mon Apr 2024 224.45 220.30 to 228.25 -1.51% 0.38 times
12 Fri Apr 2024 227.90 227.50 to 235.00 -2.29% 1.48 times
10 Wed Apr 2024 233.25 232.10 to 237.65 -0.58% 0.62 times
09 Tue Apr 2024 234.60 232.70 to 240.65 -0.76% 0.4 times

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