Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 6707

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	1026.10	1066.00	1066.00	1015.00	1.271 times
18 Mon Sep 2023	1066.00	1048.00	1090.00	1020.00	0.818 times
15 Fri Sep 2023	1044.30	1036.00	1056.50	1026.00	0.602 times
14 Thu Sep 2023	1032.80	1043.00	1044.70	1026.95	0.58 times
13 Wed Sep 2023	1024.75	1050.25	1059.90	1020.00	1.359 times
12 Tue Sep 2023	1050.25	1067.95	1080.00	1026.65	1.279 times
11 Mon Sep 2023	1067.95	1090.00	1090.00	1055.00	1.385 times
08 Fri Sep 2023	1077.30	1089.90	1089.90	1056.65	0.928 times
07 Thu Sep 2023	1068.55	1098.00	1098.00	1057.85	1.708 times
06 Wed Sep 2023	1089.25	1075.00	1098.80	1061.80	0.619 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1016.4, for a target of 1045.5 or 1069.69

Share price targets for Bajaj Steel (BajajSteel)

Target Type	Value
Downside Target	936.05
Downside Target	1015.00
Upside Target	1050.00
Upside Target	1126.00
Upside Target	1148.45
Upside Target	1151.00
Upside Target	1199.00
Upside Target	1220.00
Upside Target	1273.90
Upside Target	1344.90
Upside Target	1399.00

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type	Value
Downside Intraday Target	997.4
Downside Intraday Target	968.7
Upside Intraday Target	1072.4
Upside Intraday Target	1118.7
Upside Intraday Target	1043.7

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	1026.10	1048.00	1090.00	1015.00	0.401 times
15 Fri Sep 2023	1044.30	1090.00	1090.00	1020.00	0.949 times
08 Fri Sep 2023	1077.30	1087.65	1098.80	1050.00	1.188 times
01 Fri Sep 2023	1087.65	1072.00	1126.00	1051.00	0.878 times
25 Fri Aug 2023	1071.55	1126.00	1148.45	1066.00	0.458 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
20 Wed Sep 2023	1026.10	1100.00	1100.00	1015.00	0.335 times
31 Thu Aug 2023	1068.65	1125.00	1220.00	936.05	1.95 times
31 Mon Jul 2023	1104.50	1264.85	1273.90	1084.00	0.878 times
30 Fri Jun 2023	1243.95	1290.25	1344.90	1199.00	0.462 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid 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 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 losing momentum.

MACD generated a SELL signal for Bajaj Steel in short term and the sell 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1053.93 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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