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Steel Exchange India Limited

STEELXIND.BO•BSE
Basic Materials
Steel
₹11.95
₹1.53(14.68%)
Indian Market opens in NaNh NaNm
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Steel Exchange India Limited (STEELXIND.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Steel Exchange India Limited (BSE:STEELXIND.BO).

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

STEELXIND.BO Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.57)
Trend Strength:Strong (ADX: 32.26)
Volatility:Medium (ATR: 0.49)
Support/Resistance:$9.74 – $10.92 (Bollinger Bands)

Overall, Steel Exchange India Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 64.38

Bullish
Buying momentum building without extremes.

Williams %R: -13.74

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.18

Neutral
Price change is minimal.

Takeaway:Steel Exchange India Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.30

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.26

Strong
Strong trend, momentum well established.

ATR (14): 0.49

Low
Low volatility, stable price action.

CCI (14): 113.56

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.92
Middle Band (SMA 20)
$10.33
Lower Band
$9.74
Current Position
Above Upper Band

Takeaway:Steel Exchange India Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$11.18
Middle Line (EMA 20)
$10.20
Lower Channel
$9.21
Squeeze Status
Squeeze On

Takeaway:Steel Exchange India Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume4.05M
Money Flow Index74.42Bullish, inflows support continued momentum.
Relative Vigor Index53.64Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:STEELXIND.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Steel Exchange India 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

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

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Steel Exchange India Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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