Shree Steel Wire Ropes Stock Forecast

Sell candidate since Nov 18, 2025

The Shree Steel Wire Ropes Limited stock price gained 0.145% on the last trading day (Tuesday, 18th Nov 2025), rising from ₹27.64 to ₹27.68. During the last trading day the stock fluctuated 5.68% from a day low at ₹26.21 to a day high of ₹27.70. The price has been going up and down for this period, and there has been a -4.22% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately ₹63.94 thousand.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Shree Steel Wire Ropes Limited stock with a 90% probability to be traded between ₹25.67 and ₹28.72 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

SSWRL.BO Signals & Forecast

The Shree Steel Wire Ropes Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₹27.34 and ₹27.59. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, November 10, 2025, and so far it has risen 5.05%. Further rise is indicated until a new top pivot has been found. Shree Steel Wire Ropes Limited has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Shree Steel Wire Ropes Limited stock

Shree Steel Wire Ropes Limited finds support from accumulated volume at ₹27.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹1.49 between high and low, or 5.68%. For the last week, the stock has had daily average volatility of 10.41%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SSWRL.BO) For The Upcoming Trading Day Of Wednesday 19th

For the upcoming trading day on Wednesday, 19th we expect Shree Steel Wire Ropes Limited to open at ₹27.20, and during the day (based on 14 day Average True Range), to move between ₹26.38 and ₹28.98, which gives a possible trading interval of +/-₹2.60 (+/-9.84%) up or down from last closing price. If Shree Steel Wire Ropes Limited takes out the full calculated possible swing range there will be an estimated 9.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹27.35 (1.19%) than the resistance at ₹28.03 (1.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Shree Steel Wire Ropes Limited stock A Buy?

Shree Steel Wire Ropes Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.

Current score: -1.207 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on November 19, 2025 - ₹27.20 ( 1.75%).

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