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511672 Scan Steels Limited Buy Sell analysis.

511672 Scan Steels Limited Buy Sell analysis.

511672 Scan Steels Limited trades in BSE under Iron Steel Iron & Steel

Moving Averages for Scan Steels Limited

  • 5Day Average: 44.67
  • 12Day Average: 46.2
  • 20Day Average: 43.77
  • 50Day Average: 47.71
  • 100Day Average: 44.1

Indicator MACD (12,26,9)

45.07, 45.49, -0.45
MACD is in negative zone

Indicator ADX (14)

8.57, 20.14, 16.96
ADX is indicating that momentum is weak.
Momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
RSI is indicating buying momentum

Recent prices of 511672 Scan Steels Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Mon Mar 201943.0043.00 to 45.10-4.44%0.05 times
15 Fri Mar 201945.0043.00 to 46.401.81%0.13 times
14 Thu Mar 201944.2043.90 to 47.00-1.78%0.95 times
13 Wed Mar 201945.0044.00 to 46.00-2.49%0.04 times
12 Tue Mar 201946.1545.15 to 47.95-2.84%0.19 times
11 Mon Mar 201947.5045.50 to 47.604.17%0.09 times
08 Fri Mar 201945.6045.45 to 48.95-4.60%0.07 times
07 Thu Mar 201947.8045.55 to 49.90-0.21%2.64 times
06 Wed Mar 201947.9045.80 to 50.60-0.62%0.18 times
05 Tue Mar 201948.2045.00 to 49.002.55%0.16 times
01 Fri Mar 201947.0044.65 to 49.000.00%5.54 times
28 Thu Feb 201947.0044.05 to 48.601.51%0.2 times

511672 Scan Steels Limited Buy Sell analysis.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Scan Steels Limited 511672 at this time.

It appears as if Scan Steels Limited 511672 gave a large move recently.

Stock of Scan Steels Limited (511672) 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.

My analysis of Scan Steels Limited is bearish for shortterm, and stock might move down till 39.9 or till 35.2. Use a stoploss of 43.77 and if the stock hits stoploss, then it can shoot up till 47.67

Quick Charts: All in One charts   Weekly charts   Monthly charts   Renko charts (2)   Renko charts (5)  

511672 Scan Steels Limited Buy Sell analysis.