Munafa Steelcast Limited (STEELCAS) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Steelcast Limited (STEELCAS) Indicator analysis

Steelcast Limited stock tips (delivery Volume analysis)

Total 5 day volume for Steelcast Limited is 296240, out of which 136768 went into delivery, which is 46.17 percent of total volumes

Volumes in the last session was 22677, out of which 11920 went into delivery, which is 52.56 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Steelcast STEELCAS intraday stock tips

16 Friday January Stock tips for Steelcast 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 Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Steelcast stays below 204.6, but if it comes above 204.6, then a intra day buy could be more profitable.
If you take a sell trade below 204.6, then use 204.6 as stoploss and 199.8 as target. However if you take a buy trade in Steelcast, then use 204.6 as stoploss and 208.58 as target.

14 Wednesday January Stock tips for Steelcast 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 Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Steelcast stays below 205.1, but if it comes above 205.1, then a intra day buy could be more profitable.
If you take a sell trade below 205.1, then use 205.1 as stoploss and 200.4 as target. However if you take a buy trade in Steelcast, then use 205.1 as stoploss and 209.04 as target.

13 Tuesday January Stock tips for Steelcast 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 Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Steelcast stays below 205.8, but if it comes above 205.8, then a intra day buy could be more profitable.
If you take a sell trade below 205.8, then use 205.8 as stoploss and 201.2 as target. However if you take a buy trade in Steelcast, then use 205.8 as stoploss and 209.58 as target.

12 Monday January Stock tips for Steelcast 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 Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 206.5 as stoploss in an intra day buy trade for a target of 210.23. However, stock will show a bearish move below 206.5.

09 Friday January Stock tips for Steelcast (STEELCAS) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bullish for shortterm, and stock might move up till 214.3 or till 218.8. Use a stoploss of 210.53 and if this stock hits its stoploss, then it can fall down till 206.78

08 Thursday January Stock tips for Steelcast (STEELCAS) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Steelcast stays above 214.3, but if it comes below 214.3, then a intra day sell could be more profitable.
If you take a sell trade below 214.3, then use 214.3 as stoploss and 210.51 as target. However if you take a buy trade in Steelcast, then use 214.3 as stoploss and 218.9 as target.

07 Wednesday January Stock tips for Steelcast (STEELCAS) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Steelcast STEELCAS gave a large move recently.

My analysis of Steelcast is bullish for shortterm, and stock might move up till 213.1 or till 217.1. Use a stoploss of 209.82 and if this stock hits its stoploss, then it can fall down till 206.51

Steelcast STEELCAS tips for tomorrow

Munafa value: 50

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.

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