Steel Str. Wheel (SSWL) — AI Technical & Fundamental Analysis
Detected Patterns
No patterns detected
Key Levels
| Level | Price (₹) |
|---|---|
| Entry | ₹231.63 |
| Target | ₹298.0 |
| Stop-Loss | ₹213.5 |
| Support | ₹215.58 |
| Resistance | ₹234.6 |
AI Technical Analysis
{"technical": "SSWL exhibits a clean, smooth, rounded Cup & Handle continuation pattern on its daily chart. The cup began forming around mid-March 2026 from a peak of \u20b9234.60, dropping roughly 27% to find a rounded bottom near \u20b9170.43 before completing a near-total recovery back to the \u20b9234.60 resistance zone (within the allowed 5% threshold). The subsequent handle is currently forming as a gentle, downward-sloping consolidation over the last two weeks, retracing minimally on compressing volume. This indicates strong distribution exhaustion at resistance.\n\nThe structural trend is highly bullish and verified by the exponential structural filter: price is currently hovering above the key short-term dynamic support of the SMA20 (\u20b9215.58), which remains progressively stacked above the SMA50 (\u20b9212.02) and SMA200 (\u20b9210.08). The RSI14 is rising comfortably at 63.0, indicating building momentum without being overextended into overbought territory. The positive ROC-10 (+14.8%) combined with a stable 5d/20d volume ratio of 1.01x signals stable, institutional absorption. An entry at current market levels (\u20b9231.63) anticipates a strong breakout past the handle resistance with a tight stop-loss placed right below the handle's consolidation depth and SMA50 confluence.", "fundamental": "The company shows a highly supportive fundamental turnaround narrative across the trailing five quarters. Revenue has expanded sequentially from \u20b91,234 Cr in March 2025 to \u20b91,475 Cr in March 2026[cite: 1]. Concurrently, after hitting a temporary trough of \u20b939 Cr in September 2025, net profit has robustly recovered to \u20b964 Cr in the latest March 2026 quarter[cite: 1]. This trajectory of sequential operational expansion and margin recovery confirms that the business performance is strongly aligned with the bullish structural breakout seen on the technical charts[cite: 1].", "news": "There is no recent news or material corporate announcements for the stock. The technical breakout and underlying chart structure are developing purely based on market price action, volume dynamics, and structural quarter-on-quarter financial improvements[cite: 1].", "pattern_type": "continuation", "momentum_strength": "stable", "pattern_start_date": "2026-03-16", "pattern_end_date": "2026-06-12"}
Fundamentals
**Company Overview **Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh.[1]
| Quarter | Revenue (Cr) | Net Profit (Cr) |
|---|---|---|
| Mar 2025 | 1234 | 62 |
| Jun 2025 | 1187 | 50 |
| Sep 2025 | 1201 | 39 |
| Dec 2025 | 1321 | 49 |
| Mar 2026 | 1475 | 64 |
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