(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 2023-05-30 View latest technical analysis
10 day averaged volume of Bajaj Steel is 16383
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue May 2023 | 1280.05 | 1230.00 | 1295.00 | 1230.00 | 1.039 times |
| 29 Mon May 2023 | 1229.70 | 1275.00 | 1275.00 | 1151.00 | 3.125 times |
| 26 Fri May 2023 | 1291.70 | 1350.00 | 1399.00 | 1270.00 | 1.897 times |
| 25 Thu May 2023 | 1350.40 | 1372.90 | 1372.90 | 1347.00 | 0.408 times |
| 24 Wed May 2023 | 1351.15 | 1380.00 | 1380.00 | 1348.00 | 0.493 times |
| 23 Tue May 2023 | 1364.05 | 1336.10 | 1388.45 | 1313.10 | 0.845 times |
| 22 Mon May 2023 | 1337.35 | 1330.00 | 1373.90 | 1330.00 | 0.53 times |
| 19 Fri May 2023 | 1344.75 | 1342.00 | 1359.00 | 1325.00 | 0.299 times |
| 18 Thu May 2023 | 1345.25 | 1345.00 | 1377.90 | 1340.10 | 0.301 times |
| 17 Wed May 2023 | 1349.70 | 1336.00 | 1390.00 | 1336.00 | 0.679 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1252.3 or till 1196.6. Use a stoploss of 1298.78 and if the stock hits stoploss, then it can shoot up till 1345.22
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 |
| Downside Target | 1270.00 |
| Upside Target | 1288.00 |
| Upside Target | 1295.00 |
| Upside Target | 1364.00 |
| Upside Target | 1399.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1189.03 |
| Downside Intraday Target | 1098.02 |
| Upside Intraday Target | 1333.03 |
| Upside Intraday Target | 1386.02 |
| Downside Intraday Target | 1242.02 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue May 2023 | 1280.05 | 1275.00 | 1295.00 | 1151.00 | 0.998 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 |
| 30 Tue May 2023 | 1280.05 | 1234.00 | 1399.00 | 1151.00 | 3.03 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 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 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 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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 1292.12 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 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 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 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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 1292.12 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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