STEELCITY NEWS why is Steel City Securities Ltd price falling or rising

STEELCITY NEWS reasons for why stock price of Steel City Securities Ltd is falling or rising

STEELCITY Steel City is falling or rising technical reasons

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

It appears as if Steel City STEELCITY gave a large move recently.

Stock of Steel City (STEELCITY) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Steel City is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Steel City stays below 74.4, but if it comes above 74.4, then a intra day buy could be more profitable.
If you take a sell trade below 74.4, then use 74.4 as stoploss and 73 as target. However if you take a buy trade in Steel City, then use 74.4 as stoploss and 75.58 as target.

STEELCITY Steel City is falling or rising NEWS fundamental reasons

Company Announcement Steel City Securities Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-15

Company Announcement Steel City Securities Limited has informed regarding Disclosure of material issue - NEWS as on 2024-04-05

Company Announcement Steel City Securities Limited has informed the Exchange regarding Board meeting held on March 28, 2024. - NEWS as on 2024-03-28

Company Announcement - NEWS as on 2024-02-06

Company Announcement Steel City Securities Limited has informed the Exchange regarding a press release dated February 06, 2024, titled "Financial results". - NEWS as on 2024-02-06

Board Meeting to discuss Financial Results/Dividend To consider and approve the financial results for the period ended December 31, 2023 and dividend - NEWS as on 2024-01-29

Company Announcement Steel City Securities Limited has informed the Exchange regarding 'Disclosure of Shares acquired by the Company held by Wholly Owned Subsidiary'. - NEWS as on 2023-12-29

Company Announcement Steel City Securities Limited has informed the Exchange regarding Board meeting held on November 10, 2023. - NEWS as on 2023-11-13

More announcements and NEWS

STEELCITY Steel City Securities Ltd current price & indicator signals

Moving Averages for Steel City Securities Ltd

  • 5Day Average: 75.1
  • 12Day Average: 75.7
  • 20Day Average: 75.19
  • 50Day Average: 77.85
  • 100Day Average: 75.6
  • 150Day Average: 72.27
  • 200Day Average: 69.88

STEELCITY Indicators & signals

Indicator MACD (12,26,9)

75.29, 75.83, -0.52
Indicator MACD is in negative zone

Indicator ADX (14)

18.42, 10.84, 15.73
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of STEELCITY Steel City Securities Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 73.65 73.15 to 76.25 -2.06% 2.23 times
16 Tue Apr 2024 75.20 74.15 to 76.65 1.01% 1.29 times
15 Mon Apr 2024 74.45 74.00 to 77.05 -2.23% 2.04 times
12 Fri Apr 2024 76.15 75.55 to 77.25 0.13% 1.44 times
10 Wed Apr 2024 76.05 75.45 to 77.00 0.53% 1.05 times
09 Tue Apr 2024 75.65 75.40 to 76.65 0.4% 0.43 times
08 Mon Apr 2024 75.35 74.90 to 78.75 -3.64% 0.84 times
05 Fri Apr 2024 78.20 75.40 to 78.85 1.96% 0.93 times
04 Thu Apr 2024 76.70 74.50 to 77.70 1.05% 0.99 times
03 Wed Apr 2024 75.90 75.25 to 76.20 0.33% 0.51 times
02 Tue Apr 2024 75.65 74.00 to 76.20 0.2% 0.47 times
01 Mon Apr 2024 75.50 74.25 to 76.55 1.68% 0.98 times

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