Munafa Steel Exchange India Ltd (STEELXIND) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Steel Exchange India Ltd (STEELXIND) Indicator analysis

Steel Exchange India Ltd stock tips (delivery Volume analysis)

Total 5 day volume for Steel Exchange India Ltd is 32313479, out of which 15214604 went into delivery, which is 47.08 percent of total volumes

Volumes in the last session was 10769731, out of which 3509781 went into delivery, which is 32.59 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.

Steel Exchange STEELXIND intraday stock tips

15 Monday June Stock tips for Steel Exchange (STEELXIND) 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 Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.4 as stoploss in an intra day sell trade for a target of 11.48. However, stock will show a bullish move above 12.4.

12 Friday June Stock tips for Steel Exchange (STEELXIND) 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 Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bullish for shortterm, and stock might move up till 12.3 or till 13.5. Use a stoploss of 11.39 and if this stock hits its stoploss, then it can fall down till 10.44

11 Thursday June Stock tips for Steel Exchange 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 Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bearish for shortterm, and stock might move down till 10.4 or till 9.3. Use a stoploss of 11.38 and if the stock hits stoploss, then it can shoot up till 12.35

10 Wednesday June Stock tips for Steel Exchange (STEELXIND) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bullish for shortterm, and stock might move up till 12.4 or till 13.6. Use a stoploss of 11.42 and if this stock hits its stoploss, then it can fall down till 10.43

09 Tuesday June Stock tips for Steel Exchange (STEELXIND) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.4 as stoploss in an intra day sell trade for a target of 11.39. However, stock will show a bullish move above 12.4.

08 Monday June Stock tips for Steel Exchange (STEELXIND) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12.3 as stoploss in an intra day sell trade for a target of 11.33. However, stock will show a bullish move above 12.3.

05 Friday June Stock tips for Steel Exchange (STEELXIND) Stock is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

It appears as if Steel Exchange STEELXIND gave a large move recently.

My analysis of Steel Exchange is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Steel Exchange stays above 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.26 as target. However if you take a buy trade in Steel Exchange, then use 12.3 as stoploss and 13.5 as target.

Steel Exchange STEELXIND tips for tomorrow

Tomorrow's movement Prediction of Steel Exchange STEELXIND appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of Steel Exchange STEELXIND is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 12.05

Munafa value: 56

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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