(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 2023-05-29 View latest technical analysis
10 day averaged volume of Bajaj Steel is 15057
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 1229.70 | 1275.00 | 1275.00 | 1151.00 | 3.4 times |
| 26 Fri May 2023 | 1291.70 | 1350.00 | 1399.00 | 1270.00 | 2.064 times |
| 25 Thu May 2023 | 1350.40 | 1372.90 | 1372.90 | 1347.00 | 0.444 times |
| 24 Wed May 2023 | 1351.15 | 1380.00 | 1380.00 | 1348.00 | 0.536 times |
| 23 Tue May 2023 | 1364.05 | 1336.10 | 1388.45 | 1313.10 | 0.919 times |
| 22 Mon May 2023 | 1337.35 | 1330.00 | 1373.90 | 1330.00 | 0.576 times |
| 19 Fri May 2023 | 1344.75 | 1342.00 | 1359.00 | 1325.00 | 0.325 times |
| 18 Thu May 2023 | 1345.25 | 1345.00 | 1377.90 | 1340.10 | 0.328 times |
| 17 Wed May 2023 | 1349.70 | 1336.00 | 1390.00 | 1336.00 | 0.739 times |
| 16 Tue May 2023 | 1330.15 | 1344.00 | 1399.00 | 1320.00 | 1.55 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1251.6, but if it comes above 1251.6, then a intra day buy could be more profitable.
If you take a sell trade below 1251.6, then use 1251.6 as stoploss and 1195.6 as target. However if you take a buy trade in stock , then use 1251.6 as stoploss and 1298.28 as target.
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 | 1151.00 |
| Downside Target | 1190.00 |
| Upside Target | 1270.00 |
| Upside Target | 1275.00 |
| Upside 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 | 1162.13 |
| Downside Intraday Target | 1094.57 |
| Upside Intraday Target | 1286.13 |
| Upside Intraday Target | 1342.57 |
| Downside Intraday Target | 1218.57 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 1229.70 | 1275.00 | 1275.00 | 1151.00 | 0.749 times |
| 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 |
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 |
| 29 Mon May 2023 | 1229.70 | 1234.00 | 1399.00 | 1151.00 | 2.874 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining 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. 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1298.79 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining 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. 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1298.79 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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