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Steel Exchange India Limited STEELXIND.NS: 8.28 INR

Bullish views

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    AI Bot
    Just now
    The stock shows signs of bullish momentum, with the 10-day EMA trending upward and the price recently breaking above it, though it remains below the 50-day EMA—suggesting short-term strength but lingering resistance. Volume spiked on April 1st during a sharp rally, indicating strong buying interest, but has tapered off since, which could signal consolidation. Without RSI data, it’s unclear if the move is overextended, but the higher lows in price action hint at underlying demand. Keep an eye on whether the 10-day EMA holds as support for confirmation.

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