(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 5562
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Dec 2023 | 1065.40 | 1061.20 | 1083.85 | 1060.30 | 0.808 times |
| 07 Thu Dec 2023 | 1073.25 | 1099.00 | 1099.00 | 1069.00 | 0.524 times |
| 06 Wed Dec 2023 | 1083.70 | 1110.00 | 1110.00 | 1080.35 | 0.506 times |
| 05 Tue Dec 2023 | 1080.30 | 1117.00 | 1117.00 | 1073.80 | 0.86 times |
| 04 Mon Dec 2023 | 1103.40 | 1095.00 | 1124.90 | 1095.00 | 1.332 times |
| 01 Fri Dec 2023 | 1102.40 | 1098.90 | 1111.00 | 1090.00 | 2.021 times |
| 30 Thu Nov 2023 | 1083.15 | 1065.00 | 1094.90 | 1065.00 | 0.656 times |
| 29 Wed Nov 2023 | 1086.15 | 1050.00 | 1095.00 | 1046.20 | 1.871 times |
| 28 Tue Nov 2023 | 1064.15 | 1079.00 | 1079.00 | 1055.10 | 0.839 times |
| 24 Fri Nov 2023 | 1058.60 | 1051.00 | 1060.00 | 1050.05 | 0.574 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1062.4 as stoploss in an intra day buy trade for a target of 1081.98. However, stock will show a bearish move below 1062.4.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 936.05 |
| Downside Target | 1004.05 |
| Downside Target | 1040.00 |
| Upside Target | 1111.00 |
| Upside Target | 1124.00 |
| Upside Target | 1124.90 |
| Upside Target | 1148.85 |
| Upside Target | 1150.00 |
| Upside Target | 1220.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1042.17 |
| Downside Intraday Target | 1018.93 |
| Upside Intraday Target | 1106.77 |
| Upside Intraday Target | 1148.13 |
| Upside Intraday Target | 1083.53 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Dec 2023 | 1065.40 | 1095.00 | 1124.90 | 1060.30 | 0.748 times |
| 01 Fri Dec 2023 | 1102.40 | 1079.00 | 1111.00 | 1046.20 | 1.176 times |
| 24 Fri Nov 2023 | 1058.60 | 1061.00 | 1088.80 | 1040.00 | 1.051 times |
| 17 Fri Nov 2023 | 1091.25 | 1120.00 | 1124.90 | 1075.00 | 0.608 times |
| 10 Fri Nov 2023 | 1113.90 | 1060.00 | 1148.85 | 1041.25 | 2.015 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 |
| 08 Fri Dec 2023 | 1065.40 | 1098.90 | 1124.90 | 1060.30 | 0.272 times |
| 30 Thu Nov 2023 | 1083.15 | 1056.60 | 1148.85 | 1018.00 | 1.147 times |
| 31 Tue Oct 2023 | 1040.75 | 1084.00 | 1150.00 | 1004.05 | 0.639 times |
| 29 Fri Sep 2023 | 1083.55 | 1100.00 | 1124.00 | 1015.00 | 0.624 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 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 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bajaj Steel stock for short term is SELL. Signal strength is Weak and stock is gaining 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 green color and prices are in or below the green 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 but selling is losing 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 1085.13 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 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bajaj Steel stock for short term is SELL. Signal strength is Weak and stock is gaining 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 green color and prices are in or below the green 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 but selling is losing 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 1085.13 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.
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