(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 2023-05-24 View latest technical analysis
10 day averaged volume of Bajaj Steel is 11842
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed May 2023 | 1351.15 | 1380.00 | 1380.00 | 1348.00 | 0.681 times |
| 23 Tue May 2023 | 1364.05 | 1336.10 | 1388.45 | 1313.10 | 1.169 times |
| 22 Mon May 2023 | 1337.35 | 1330.00 | 1373.90 | 1330.00 | 0.733 times |
| 19 Fri May 2023 | 1344.75 | 1342.00 | 1359.00 | 1325.00 | 0.413 times |
| 18 Thu May 2023 | 1345.25 | 1345.00 | 1377.90 | 1340.10 | 0.417 times |
| 17 Wed May 2023 | 1349.70 | 1336.00 | 1390.00 | 1336.00 | 0.939 times |
| 16 Tue May 2023 | 1330.15 | 1344.00 | 1399.00 | 1320.00 | 1.97 times |
| 15 Mon May 2023 | 1341.95 | 1245.05 | 1360.00 | 1245.05 | 3.204 times |
| 12 Fri May 2023 | 1241.50 | 1246.00 | 1262.90 | 1235.00 | 0.285 times |
| 11 Thu May 2023 | 1249.90 | 1266.80 | 1279.00 | 1240.00 | 0.485 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 1359.8 as stoploss in an intra day sell trade for a target of 1268.55. However, stock will show a bullish move above 1359.8.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 803.65 |
| Downside Target | 830.00 |
| Downside Target | 944.50 |
| Downside Target | 980.00 |
| Downside Target | 1015.00 |
| Downside Target | 1190.00 |
| Downside Target | 1245.05 |
| Downside Target | 1288.00 |
| Downside Target | 1313.10 |
| Upside Target | 1364.00 |
| Upside Target | 1388.45 |
| Upside Target | 1399.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1313.35 |
| Downside Intraday Target | 1275.55 |
| Upside Intraday Target | 1388.7 |
| Upside Intraday Target | 1426.25 |
| Downside Intraday Target | 1350.9 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed May 2023 | 1351.15 | 1330.00 | 1388.45 | 1313.10 | 0.372 times |
| 19 Fri May 2023 | 1344.75 | 1245.05 | 1399.00 | 1245.05 | 2.083 times |
| 12 Fri May 2023 | 1241.50 | 1265.00 | 1288.00 | 1200.55 | 0.56 times |
| 05 Fri May 2023 | 1262.45 | 1234.00 | 1364.00 | 1215.00 | 1.437 times |
| 28 Fri Apr 2023 | 1210.40 | 1026.05 | 1234.00 | 1017.00 | 1.734 times |
Price has moved up 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 Wed May 2023 | 1351.15 | 1234.00 | 1399.00 | 1200.55 | 2.053 times |
| 28 Fri Apr 2023 | 1210.40 | 1080.00 | 1234.00 | 1015.00 | 0.502 times |
| 31 Fri Mar 2023 | 1066.45 | 1000.00 | 1190.00 | 980.00 | 0.503 times |
| 28 Tue Feb 2023 | 998.50 | 910.00 | 1200.00 | 830.00 | 2.971 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying 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 1336.32 and Bajaj Steel (BajajSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but buying 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 1336.32 and Bajaj Steel (BajajSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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