ParthaKuchana.com   Stocks & Technology
Finance
© 2024 Partha Kuchana. All rights reserved. Unauthorized reproduction or distribution is strictly prohibited. Visit ParthaKuchana.com for more information.

STEEL EXCHANGE INDIA LIMITED (STEELXIND) Stock - Complete Technical Analysis - Nov 01, 2024

Steel Exchange India: Technical Analysis and Key Trading Levels for Investors

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Steel Exchange India Limited (STEELXIND) is currently priced at 11.74, 36.20% below its 52-week high. The stock shows neutral momentum with an RSI around 48, while MACD indicates bearish tendencies, indicating potential continued downward pressure. The ADX is at 24.82, suggesting a weak trend. The price has fluctuated recently, with highs and lows indicating volatility, as evidenced by the price action over the past week. A pivotal support level appears at 11.51, while the lower support at 10.00 could be crucial if the stock declines. Resistance lies at the 12.00 mark, and a sustained hold above 11.50 could signal a potential bullish reversal. Traders should remain vigilant for these levels to capitalize on any upward momentum or to mitigate risks if the stock dips below 11.00.





 

Visit My YouTube Channels for More Content:.
Channel 1 :
ParthaKuchana : For video tutorials on tech, career advice, industry insights, global military tech.
Youtube Channel Link : View Channel
Youtube Channel Subscription Link : Mention channel subscription link : Subscribe

Channel 2 :
Partha Kuchana - Finance: For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link : View Channel
Youtube Channel Subscription Link : Mention channel subscription link : Subscribe

Channel 3 :
Partha Kuchana - Stock Analysis : For in-depth stock market analysis, technical and fundamental analysis of stocks, investment ideas, and tips.
Youtube Channel Link : View Channel
Youtube Channel Subscription Link : Mention channel subscription link : Subscribe

Follow me on X :
@ParthaKuchana
Join my Telegram Channel :
ParthaKuchana
© 2024 Partha Kuchana. All rights reserved. Unauthorized reproduction or distribution is strictly prohibited. Visit ParthaKuchana.com for more information.