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 207329, out of which 130504 went into delivery, which is 62.95 percent of total volumes

Volumes in the last session was 45867, out of which 24084 went into delivery, which is 52.51 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.

Steelcast STEELCAS intraday stock tips

25 Wednesday March 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 219.6 as stoploss in an intra day buy trade for a target of 225.4. However, stock will show a bearish move below 219.6.

24 Tuesday March 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 219.8, but if it comes above 219.8, then a intra day buy could be more profitable.
If you take a sell trade below 219.8, then use 219.8 as stoploss and 212.4 as target. However if you take a buy trade in Steelcast, then use 219.8 as stoploss and 225.98 as target.

23 Monday March 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 220.4, but if it comes above 220.4, then a intra day buy could be more profitable.
If you take a sell trade below 220.4, then use 220.4 as stoploss and 212.8 as target. However if you take a buy trade in Steelcast, then use 220.4 as stoploss and 226.71 as target.

20 Friday March 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 233.6 or till 240.9. Use a stoploss of 227.58 and if this stock hits its stoploss, then it can fall down till 221.52

19 Thursday March 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 233.5 as stoploss in an intra day sell trade for a target of 227.43. However, stock will show a bullish move above 233.5.

18 Wednesday March 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 233.3, but if it comes below 233.3, then a intra day sell could be more profitable.
If you take a sell trade below 233.3, then use 233.3 as stoploss and 227 as target. However if you take a buy trade in Steelcast, then use 233.3 as stoploss and 240.9 as target.

17 Tuesday March 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 219.8, but if it comes above 219.8, then a intra day buy could be more profitable.
If you take a sell trade below 219.8, then use 219.8 as stoploss and 212 as target. However if you take a buy trade in Steelcast, then use 219.8 as stoploss and 226.2 as target.

Steelcast STEELCAS tips for tomorrow

Tomorrow's movement Prediction of Steelcast STEELCAS is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 221.16

Munafa value: 40

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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