(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 2023-05-26 View latest technical analysis
10 day averaged volume of Bajaj Steel is 12287
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 1291.70 | 1350.00 | 1399.00 | 1270.00 | 2.529 times |
| 25 Thu May 2023 | 1350.40 | 1372.90 | 1372.90 | 1347.00 | 0.545 times |
| 24 Wed May 2023 | 1351.15 | 1380.00 | 1380.00 | 1348.00 | 0.657 times |
| 23 Tue May 2023 | 1364.05 | 1336.10 | 1388.45 | 1313.10 | 1.126 times |
| 22 Mon May 2023 | 1337.35 | 1330.00 | 1373.90 | 1330.00 | 0.706 times |
| 19 Fri May 2023 | 1344.75 | 1342.00 | 1359.00 | 1325.00 | 0.398 times |
| 18 Thu May 2023 | 1345.25 | 1345.00 | 1377.90 | 1340.10 | 0.402 times |
| 17 Wed May 2023 | 1349.70 | 1336.00 | 1390.00 | 1336.00 | 0.905 times |
| 16 Tue May 2023 | 1330.15 | 1344.00 | 1399.00 | 1320.00 | 1.899 times |
| 15 Mon May 2023 | 1341.95 | 1245.05 | 1360.00 | 1245.05 | 3.088 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 1249.1 or till 1191.1. Use a stoploss of 1297.32 and if the stock hits stoploss, then it can shoot up till 1345.59
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 | 1270.00 |
| Downside Target | 1288.00 |
| Upside Target | 1364.00 |
| Upside Target | 1399.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1241.47 |
| Downside Intraday Target | 1191.23 |
| Upside Intraday Target | 1370.47 |
| Upside Intraday Target | 1449.23 |
| Upside Intraday Target | 1320.23 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 1291.70 | 1330.00 | 1399.00 | 1270.00 | 0.831 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 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 |
| 26 Fri May 2023 | 1291.70 | 1234.00 | 1399.00 | 1200.55 | 2.402 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 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 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 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 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 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 SELL signal for Bajaj Steel in short term and SELL 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 1333.16 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 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 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 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 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 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 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 SELL signal for Bajaj Steel in short term and SELL 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 1333.16 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 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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