(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 2023-05-31 View latest technical analysis
10 day averaged volume of Bajaj Steel is 15751
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 1297.30 | 1310.00 | 1319.80 | 1241.60 | 0.822 times |
| 30 Tue May 2023 | 1280.05 | 1230.00 | 1295.00 | 1230.00 | 1.08 times |
| 29 Mon May 2023 | 1229.70 | 1275.00 | 1275.00 | 1151.00 | 3.25 times |
| 26 Fri May 2023 | 1291.70 | 1350.00 | 1399.00 | 1270.00 | 1.973 times |
| 25 Thu May 2023 | 1350.40 | 1372.90 | 1372.90 | 1347.00 | 0.425 times |
| 24 Wed May 2023 | 1351.15 | 1380.00 | 1380.00 | 1348.00 | 0.512 times |
| 23 Tue May 2023 | 1364.05 | 1336.10 | 1388.45 | 1313.10 | 0.879 times |
| 22 Mon May 2023 | 1337.35 | 1330.00 | 1373.90 | 1330.00 | 0.551 times |
| 19 Fri May 2023 | 1344.75 | 1342.00 | 1359.00 | 1325.00 | 0.311 times |
| 18 Thu May 2023 | 1345.25 | 1345.00 | 1377.90 | 1340.10 | 0.313 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1252.6 or till 1196.9. Use a stoploss of 1299.03 and if the stock hits stoploss, then it can shoot up till 1345.44
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 |
| Downside Target | 1288.00 |
| Upside Target | 1319.80 |
| Upside Target | 1364.00 |
| Upside Target | 1399.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1192.27 |
| Downside Intraday Target | 1087.23 |
| Upside Intraday Target | 1361.07 |
| Upside Intraday Target | 1424.83 |
| Downside Intraday Target | 1256.03 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 1297.30 | 1275.00 | 1319.80 | 1151.00 | 1.187 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 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 |
| 31 Wed May 2023 | 1297.30 | 1234.00 | 1399.00 | 1151.00 | 3.15 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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. Bears are weakening, and bulls are picking up momentum!
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1288.52 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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. Bears are weakening, and bulls are picking up momentum!
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1288.52 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 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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