Is SEL MANUFACTURING COMPANY in uptrend or downtrend?

In the short term price movements in SELMC share indicates the market is Sideways. However, bulls are trying to take control.

What is SEL MANUFACTURING COMPANY share price forecast for tomorrow?

In SEL Manufacturing Company Limited stock current resistance level is at 31 and support level is at 27. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are SEL MANUFACTURING COMPANY support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For SEL Manufacturing Company Limited in the short-term, the supply zone around 31 and 30. Hence, good chances of resistance around 30. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for SEL Manufacturing Company Limited share is around 27 and 30. Hence, good chances for support around 30.

Why is SEL MANUFACTURING COMPANY share price falling today?

Perhaps SELMC stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

SEL MANUFACTURING COMPANY Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data