(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)
Showing technical analysis as on 2023-03-24 View latest technical analysis
10 day averaged volume of Bajaj Steel is 8485
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 1061.95 | 1068.90 | 1094.90 | 1045.00 | 1.451 times |
| 23 Thu Mar 2023 | 1043.50 | 1052.10 | 1074.00 | 1030.10 | 0.74 times |
| 22 Wed Mar 2023 | 1052.10 | 1050.00 | 1071.90 | 1042.00 | 0.926 times |
| 21 Tue Mar 2023 | 1049.80 | 1060.00 | 1077.00 | 1040.00 | 0.778 times |
| 20 Mon Mar 2023 | 1051.60 | 1091.00 | 1099.00 | 1032.00 | 0.795 times |
| 17 Fri Mar 2023 | 1102.75 | 1110.00 | 1119.40 | 1080.00 | 0.41 times |
| 16 Thu Mar 2023 | 1074.80 | 1109.95 | 1115.00 | 1032.00 | 0.783 times |
| 15 Wed Mar 2023 | 1097.55 | 1140.00 | 1145.00 | 1090.25 | 0.618 times |
| 14 Tue Mar 2023 | 1120.40 | 1140.00 | 1154.50 | 1112.00 | 0.862 times |
| 13 Mon Mar 2023 | 1124.50 | 1166.05 | 1177.95 | 1099.00 | 1.955 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1015.3 or till 948.8. Use a stoploss of 1070.71 and if the stock hits stoploss, then it can shoot up till 1126.11
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 751.05 |
| Downside Target | 803.65 |
| Downside Target | 828.10 |
| Downside Target | 944.50 |
| Downside Target | 1009.00 |
| Downside Target | 1030.10 |
| Downside Target | 1045.00 |
| Upside Target | 1099.00 |
| Upside Target | 1177.95 |
| Upside Target | 1190.00 |
| Upside Target | 1200.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1028.37 |
| Downside Intraday Target | 994.78 |
| Upside Intraday Target | 1097.27 |
| Upside Intraday Target | 1132.58 |
| Upside Intraday Target | 1063.68 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 1061.95 | 1091.00 | 1099.00 | 1030.10 | 1.014 times |
| 17 Fri Mar 2023 | 1102.75 | 1166.05 | 1177.95 | 1032.00 | 0.513 times |
| 10 Fri Mar 2023 | 1177.85 | 1050.00 | 1190.00 | 1045.00 | 1.729 times |
| 03 Fri Mar 2023 | 1033.05 | 1025.00 | 1039.00 | 976.00 | 0.257 times |
| 24 Fri Feb 2023 | 1018.00 | 1089.00 | 1200.00 | 975.60 | 0.997 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 |
| 24 Fri Mar 2023 | 1061.95 | 1000.00 | 1190.00 | 980.00 | 0.416 times |
| 28 Tue Feb 2023 | 998.50 | 910.00 | 1200.00 | 830.00 | 2.971 times |
| 31 Tue Jan 2023 | 900.50 | 885.00 | 944.50 | 803.65 | 0.864 times |
| 30 Fri Dec 2022 | 863.95 | 867.65 | 960.00 | 751.05 | 0.378 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a mid to longer 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.
ADX buy sell signal for Bajaj Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.
Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1081.37 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a mid to longer 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.
ADX buy sell signal for Bajaj Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.
Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1081.37 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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