Munafa S.a.l. Steel Ltd. (SALSTEEL_BE) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

S.a.l. Steel Ltd. (SALSTEEL_BE) Indicator analysis

S.a.l. Steel Ltd. stock tips (delivery Volume analysis)

Total 5 day volume for S.a.l. Steel Ltd. is 282775, out of which 282775 went into delivery, which is 100 percent of total volumes

Volumes in the last session was 69177, out of which 69177 went into delivery, which is 100 percent of total volumes.

Its safe to say that enough delivery is being taken in the stock to conclude that the trend below will continue for a couple of days.

S A SALSTEEL_BE intraday stock tips

17 Friday July Stock tips for S A Stock 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...

It appears as if S A SALSTEEL_BE gave a large move recently.

Although my analysis for S A is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 53, for a target of 54.9 or 56.48

16 Thursday July Stock tips for S A Stock 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...

It appears as if S A SALSTEEL_BE gave a large move recently.

My analysis of S A is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if S A stays below 55.4, but if it comes above 55.4, then a intra day buy could be more profitable.
If you take a sell trade below 55.4, then use 55.4 as stoploss and 53.8 as target. However if you take a buy trade in S A, then use 55.4 as stoploss and 56.83 as target.

15 Wednesday July Stock tips for S A Stock 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...

It appears as if S A SALSTEEL_BE gave a large move recently.

My analysis of S A is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if S A stays below 55.6, but if it comes above 55.6, then a intra day buy could be more profitable.
If you take a sell trade below 55.6, then use 55.6 as stoploss and 53.9 as target. However if you take a buy trade in S A, then use 55.6 as stoploss and 57.05 as target.

14 Tuesday July Stock tips for S A Stock 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.

It appears as if S A SALSTEEL_BE gave a large move recently.

My analysis of S A is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55.7 as stoploss in an intra day buy trade for a target of 57.23. However, stock will show a bearish move below 55.7.

13 Monday July Stock tips for S A Stock 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.

It appears as if S A SALSTEEL_BE gave a large move recently.

My analysis of S A is bearish for shortterm, and stock might move down till 55.8 or till 53.9. Use a stoploss of 57.31 and if the stock hits stoploss, then it can shoot up till 58.87

10 Friday July Stock tips for S A Stock 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.

It appears as if S A SALSTEEL_BE gave a large move recently.

My analysis of S A is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55.8 as stoploss in an intra day buy trade for a target of 57.34. However, stock will show a bearish move below 55.8.

09 Thursday July Stock tips for S A Stock 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.

It appears as if S A SALSTEEL_BE gave a large move recently.

My analysis of S A is bearish for shortterm, and stock might move down till 55.9 or till 53.9. Use a stoploss of 57.46 and if the stock hits stoploss, then it can shoot up till 59.06

S A SALSTEEL_BE tips for tomorrow

Tomorrow's movement Prediction of S A SALSTEEL_BE appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of S A SALSTEEL_BE is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 53.15

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Share on: WhatsApp Facebook Tweet

Hindi Video Correct Way Of Fundamental Analysis Using EPS And PE - MunafaSutra

English Video Unique Way To Perfect Your Candle Stick Technical Analysis