Is STEEL EXCHANGE INDIA in uptrend or downtrend?

In the short term price movements in STEELXIND share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What is STEEL EXCHANGE INDIA share price forecast for tomorrow?

In Steel Exchange India Limited stock current resistance level is at 10 and support level is at 9. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Sideways.

What are STEEL EXCHANGE INDIA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Steel Exchange India Limited in the short-term, the supply zone around 10 and 10. Hence, good chances of resistance around 10. 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 Steel Exchange India Limited share is around 9 and 10. Hence, good chances for support around 10.

Why is STEEL EXCHANGE INDIA share price falling today?

Perhaps STEELXIND stock is just having volatility. It can be viewed as an opportunity, unless the overall long-term trend and the mid-term trend are bearish. Kindly check out the overall trend analysis.

STEEL EXCHANGE INDIA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data