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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 111.2 as stoploss in an intra day buy trade for a target of 115.78. However, stock will show a bearish move below 111.2.

STEELCITY Steel City is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-12-13

Board Meeting to discuss Dividend To consider and declare 2nd Interim dividend for the Financial year 2024-25. - NEWS as on 2024-12-05

Company Announcement Steel City Securities Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-11-01

Company Announcement Steel City Securities Limited has informed the Exchange regarding Board meeting held on October 30, 2024. - NEWS as on 2024-10-31

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-10-28

Company Announcement The Exchange had sought clarification from Steel City Securities Limited for the quarter ended 30-Jun-2024 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - NEWS as on 2024-09-09

Company Announcement The Exchange has sought clarification from Steel City Securities Limited for the quarter ended 30-Jun-2024 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - NEWS as on 2024-08-28

More announcements and NEWS

STEELCITY Steel City Securities Ltd current price & indicator signals

Moving Averages for Steel City Securities Ltd

  • 5Day Average: 115.54
  • 12Day Average: 118.68
  • 20Day Average: 116.71
  • 50Day Average: 109.3
  • 100Day Average: 102.51
  • 150Day Average: 98.92
  • 200Day Average: 96.01

STEELCITY Indicators & signals

Indicator MACD (12,26,9)

116.59, 114.76, 3.11
Indicator MACD is in positive zone

Indicator ADX (14)

15.71, 22.27, 16.22
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
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
26 Thu Dec 2024 111.74 110.92 to 117.21 -2.68% 0.38 times
24 Tue Dec 2024 114.82 112.20 to 118.00 1.1% 0.42 times
23 Mon Dec 2024 113.57 112.73 to 118.91 -2.42% 0.25 times
20 Fri Dec 2024 116.39 115.25 to 122.89 -3.94% 0.65 times
19 Thu Dec 2024 121.16 118.45 to 124.09 0.05% 0.6 times
18 Wed Dec 2024 121.10 117.17 to 125.79 0% 0.95 times
18 Wed Dec 2024 121.10 117.17 to 125.79 -2.47% 0.95 times
17 Tue Dec 2024 124.17 123.50 to 128.00 -3.34% 0.68 times
16 Mon Dec 2024 128.46 119.27 to 135.83 7.98% 4.42 times
13 Fri Dec 2024 118.97 113.51 to 122.95 1.88% 0.49 times
12 Thu Dec 2024 116.78 115.56 to 121.48 0.79% 0.59 times
11 Wed Dec 2024 115.86 115.06 to 118.88 0.76% 0.2 times

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