Is Steel Exchange India Limited stock a buy or sell right now?

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

What is Steel Exchange India Limited’s RSI?

RSI is 63.59, showing balanced momentum within the normal range.

What does MACD indicate for STEELXIND.NS?

MACD at 0.31 remains positive, but the signal line crossover suggests short-term caution.

What are Steel Exchange India Limited’s key support and resistance levels?

Support sits around $9.71, while resistance is near $10.90. A breakout above $10.90 would open the door for further upside.

Steel Exchange India Limited

STEELXIND.NS•NSE

Basic Materials

Steel

₹11.96

₹1.59(15.33%)

Indian Market opens in 9h 31m

Steel Exchange India Limited (STEELXIND.NS) Stock Technical Analysis & Trading Signals

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

STEELXIND.NS 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: 63.59)

Trend Strength:Moderate (ADX: 27.80)

Volatility:Medium (ATR: 0.55)

Support/Resistance:$9.71 – $10.90 (Bollinger Bands)

Technical conditions suggest Steel Exchange India Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 63.59

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 83.28

Bearish

Overbought levels may trigger pullback.

Williams %R: -6.60

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 0.93

Neutral

Price change is minimal.

Takeaway:Steel Exchange India Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.31

Bullish

Bullish, trend momentum is strengthening.

ADX: 27.80

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.55

Low

Low volatility, stable price action.

CCI (14): 117.39

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

$10.90

Middle Band (SMA 20)

$10.30

Lower Band

$9.71

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

$11.28

Middle Line (EMA 20)

$10.18

Lower Channel

$9.07

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 Volume55.33M

Money Flow Index64.68Bullish, inflows support continued momentum.

Relative Vigor Index48.78Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:STEELXIND.NS shows mixed signals in money flow analysis.

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.

RVI below 50 → vigor tilted toward sellers.

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.