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(BajajSteel) Bajaj Steel complete technical analysis [charts+indicators] | Buy/Sell Bajaj Steel | (BajajSteel) share price targets

Complete technical analysis of Bajaj Steel (BajajSteel) by charts plus indicators, forecast predictions and share price targets for Bajaj Steel (BajajSteel)

10 day averaged volume of Bajaj Steel is 6131

Date Daily Closing Price Open High Low Volume
16 Tue Apr 2024 1237.30 1244.50 1269.95 1226.10 0.621 times
15 Mon Apr 2024 1248.40 1248.00 1260.00 1212.00 1.013 times
12 Fri Apr 2024 1281.25 1285.00 1289.00 1251.00 0.904 times
10 Wed Apr 2024 1261.35 1269.00 1269.00 1230.25 0.66 times
09 Tue Apr 2024 1258.80 1285.00 1285.00 1248.25 0.832 times
08 Mon Apr 2024 1274.10 1295.00 1295.00 1246.10 1.355 times
05 Fri Apr 2024 1272.60 1196.00 1289.95 1196.00 1.427 times
04 Thu Apr 2024 1216.15 1217.30 1232.00 1193.00 0.421 times
03 Wed Apr 2024 1217.30 1195.00 1220.00 1195.00 0.937 times
02 Tue Apr 2024 1210.25 1222.00 1222.00 1192.00 0.977 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1254.5 as stoploss in an intra day sell trade for a target of 1212.41. However, stock will show a bullish move above 1254.5.

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 1030.60
Downside Target 1112.55
Downside Target 1135.80
Downside Target 1173.90
Downside Target 1212.00
Upside Target 1252.00
Upside Target 1269.95
Upside Target 1289.95
Upside Target 1295.00
Upside Target 1559.95
Upside Target 1626.90

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 1209.55
Downside Intraday Target 1181.8
Upside Intraday Target 1267.5
Upside Intraday Target 1297.7
Upside Intraday Target 1239.75

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
16 Tue Apr 2024 1237.30 1248.00 1269.95 1212.00 0.435 times
12 Fri Apr 2024 1281.25 1295.00 1295.00 1230.25 0.717 times
05 Fri Apr 2024 1272.60 1150.00 1289.95 1150.00 1.411 times
28 Thu Mar 2024 1151.25 1179.90 1180.00 1135.80 1.155 times
22 Fri Mar 2024 1168.55 1200.00 1214.40 1140.00 0.397 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bajaj Steel (BajajSteel)

Date Monthly Closing Price Open High Low Volume
16 Tue Apr 2024 1237.30 1150.00 1295.00 1150.00 0.512 times
28 Thu Mar 2024 1151.25 1195.00 1252.00 1045.50 0.35 times
29 Thu Feb 2024 1189.30 1546.80 1626.90 1150.00 1.106 times
31 Wed Jan 2024 1529.40 1170.00 1559.95 1112.55 2.54 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bajaj Steel (BajajSteel)

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bajaj Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.

Bajaj Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Bajaj Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bajaj Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1251.61 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Bajaj Steel (BajajSteel) stock. Volume based technical analysis of Bajaj Steel (BajajSteel) stock is negative.

Bajaj Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bajaj Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.

Bajaj Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Bajaj Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bajaj Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1251.61 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Bajaj Steel (BajajSteel) stock. Volume based technical analysis of Bajaj Steel (BajajSteel) stock is negative.

Bajaj Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Bajaj Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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