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Steelcast Limited

STEELCAS.NS•NSE
Basic Materials
Steel
₹239.50
₹3.44(1.46%)
Indian Market opens in 0h 28m

Steelcast Limited (STEELCAS.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Steelcast Limited (NSE:STEELCAS.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

STEELCAS.NS Technical Analysis Summary

Steelcast Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.12)
Trend Strength:Moderate (ADX: 27.83)
Volatility:High (ATR: 12.10)
Support/Resistance:$188.06 – $259.80 (Bollinger Bands)

Overall, Steelcast Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.12

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.89

Neutral
Mid-range signal with no clear trend.

Williams %R: -35.25

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.26

Bearish
Selling pressure outweighs buying.

Takeaway:Steelcast Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 8.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 12.10

Rising
Rising volatility, market activity increasing.

CCI (14): 93.89

Bullish
Bullish, momentum building upward.

Takeaway:Steelcast Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$259.80
Middle Band (SMA 20)
$223.93
Lower Band
$188.06
Current Position
Within Bands

Takeaway:Steelcast Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$250.35
Middle Line (EMA 20)
$226.15
Lower Channel
$201.95
Squeeze Status
No Squeeze

Takeaway:Steelcast Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume908.15K
Money Flow Index46.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.51Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:STEELCAS.NS shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Steelcast Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Steelcast Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ