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(STEELXIND) Steel Exchange complete technical analysis [charts+indicators] | Buy/Sell Steel Exchange | (STEELXIND) share price targets

Complete technical analysis of Steel Exchange (STEELXIND) by charts plus indicators, forecast predictions and share price targets for Steel Exchange (STEELXIND)

Showing technical analysis as on 2025-04-21 View latest technical analysis

10 day averaged volume of Steel Exchange is 1121895

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	8.64	8.35	8.90	8.21	1.704 times
17 Thu Apr 2025	8.28	8.35	8.40	8.16	0.795 times
16 Wed Apr 2025	8.26	8.33	8.44	8.23	0.904 times
15 Tue Apr 2025	8.20	8.20	8.28	8.09	0.943 times
11 Fri Apr 2025	8.13	8.59	8.59	8.07	1.001 times
09 Wed Apr 2025	8.12	8.15	8.18	7.90	0.457 times
08 Tue Apr 2025	8.11	8.12	8.18	7.87	0.839 times
07 Mon Apr 2025	7.84	7.06	7.95	7.06	2.065 times
04 Fri Apr 2025	8.32	8.47	8.47	8.20	1.043 times
03 Thu Apr 2025	8.41	8.17	8.46	8.10	0.809 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.6, but if it comes below 8.6, then a intra day sell could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 8.29 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 9.1 as target.

Share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Target	7.06
Downside Target	7.51
Downside Target	8.09
Downside Target	8.44
Upside Target	8.80
Upside Target	9.02
Upside Target	9.70
Upside Target	10.14
Upside Target	10.18
Upside Target	11.42
Upside Target	11.44

Intraday share price targets for Steel Exchange (STEELXIND)

Target Type	Value
Downside Intraday Target	8.27
Downside Intraday Target	7.89
Upside Intraday Target	8.96
Upside Intraday Target	9.27
Downside Intraday Target	8.58

Weekly technical analysis of Steel Exchange (STEELXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	8.64	8.35	8.90	8.21	0.645 times
17 Thu Apr 2025	8.28	8.20	8.44	8.09	0.605 times
11 Fri Apr 2025	8.13	7.06	8.59	7.06	0.952 times
04 Fri Apr 2025	8.32	7.85	8.80	7.75	0.279 times
28 Fri Mar 2025	7.71	8.92	9.70	7.60	1.127 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Steel Exchange (STEELXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	8.64	7.85	8.90	7.06	0.267 times
28 Fri Mar 2025	7.71	8.05	9.70	7.51	2.279 times
28 Fri Feb 2025	7.85	9.99	10.18	7.70	0.659 times
31 Fri Jan 2025	10.04	10.20	11.42	9.02	1.635 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Steel Exchange (STEELXIND)

Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Steel Exchange ( (STEELXIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Steel Exchange ( (STEELXIND) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Steel Exchange stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Steel Exchange in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Steel Exchange Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Steel Exchange in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Steel Exchange is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.22 and Steel Exchange (STEELXIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Steel Exchange (STEELXIND) stock. Volume based technical analysis of Steel Exchange (STEELXIND) stock is negative.

Steel Exchange Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.