Is Steelcast Limited stock a buy or sell right now?

Based on current indicators, Steelcast Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Steelcast Limited’s RSI?

RSI is 53.63, showing balanced momentum within the normal range.

What does MACD indicate for STEELCAS.NS?

MACD at 7.19 remains positive, but the signal line crossover suggests short-term caution.

What are Steelcast Limited’s key support and resistance levels?

Support sits around $275.64, while resistance is near $305.88.

Steelcast Limited

STEELCAS.NS•NSE

Basic Materials

Steel

₹283.10

₹-15.35(-5.14%)

Indian Market opens in NaNh NaNm

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:Neutral to Bullish (RSI: 53.63)

Trend Strength:Strong (ADX: 39.03)

Volatility:High (ATR: 15.31)

Support/Resistance:$275.64 – $305.88 (Bollinger Bands)

Technical conditions suggest Steelcast Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.63

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 34.98

Bearish

Momentum remains weak below midpoint.

Williams %R: -67.75

Bearish

Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.49

Neutral

Price change is minimal.

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

Trend & Volatility

MACD: 7.19

Bullish

Bullish, trend momentum is strengthening.

ADX: 39.03

Strong

Strong trend, momentum well established.

ATR (14): 15.31

Rising

Rising volatility, market activity increasing.

CCI (14): 10.78

Neutral

Neutral, no strong directional signal.

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

Support & Resistance indicators

Bollinger Bands

Upper Band

$305.88

Middle Band (SMA 20)

$290.76

Lower Band

$275.64

Current Position

Within Bands

Takeaway:Steelcast Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$314.43

Middle Line (EMA 20)

$283.81

Lower Channel

$253.18

Squeeze Status

Squeeze On

Takeaway:Steelcast Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis

On-Balance Volume703.18K

Money Flow Index46.73Neutral, balanced money flows with no clear signal.

Relative Vigor Index54.42Neutral to Bullish, buyers 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.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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