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(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 2023-08-31 View latest technical analysis

10 day averaged volume of Bajaj Steel is 9486

Date Daily Closing Price Open High Low Volume
31 Thu Aug 2023 1068.65 1110.00 1110.00 1051.00 0.673 times
30 Wed Aug 2023 1086.90 1123.00 1123.00 1059.00 0.74 times
29 Tue Aug 2023 1098.95 1080.00 1126.00 1070.00 0.812 times
28 Mon Aug 2023 1081.65 1072.00 1098.00 1065.05 0.513 times
25 Fri Aug 2023 1071.55 1091.10 1135.00 1066.00 0.816 times
24 Thu Aug 2023 1097.05 1130.00 1140.00 1090.00 0.731 times
23 Wed Aug 2023 1117.80 1135.05 1135.05 1110.50 0.498 times
22 Tue Aug 2023 1135.05 1119.00 1148.45 1110.00 0.909 times
21 Mon Aug 2023 1107.45 1126.00 1131.90 1103.00 0.765 times
18 Fri Aug 2023 1115.30 1125.00 1125.00 1052.80 2.452 times

My analysis of stock is bearish for shortterm, and stock might move down till 1019.1 or till 953.3. Use a stoploss of 1073.83 and if the stock hits stoploss, then it can shoot up till 1128.6

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 936.05
Downside Target 1015.00
Downside Target 1051.00
Upside Target 1125.00
Upside Target 1159.00
Upside Target 1199.00
Upside Target 1220.00
Upside Target 1234.00
Upside Target 1273.90
Upside Target 1344.90
Upside Target 1399.00

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 1037.77
Downside Intraday Target 1006.88
Upside Intraday Target 1112.77
Upside Intraday Target 1156.88
Upside Intraday Target 1081.88

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
31 Thu Aug 2023 1068.65 1072.00 1126.00 1051.00 0.736 times
25 Fri Aug 2023 1071.55 1126.00 1148.45 1066.00 0.458 times
18 Fri Aug 2023 1115.30 979.50 1125.00 936.05 0.732 times
11 Fri Aug 2023 978.80 1133.80 1159.00 945.00 3.446 times
04 Fri Aug 2023 1133.80 1102.20 1220.00 1100.00 0.654 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
31 Thu Aug 2023 1068.65 1125.00 1220.00 936.05 1.95 times
31 Mon Jul 2023 1104.50 1264.85 1273.90 1084.00 0.878 times
30 Fri Jun 2023 1243.95 1290.25 1344.90 1199.00 0.462 times
31 Wed May 2023 1297.30 1234.00 1399.00 1151.00 3.15 times

Scroll below to view daily charts

Price has moved down 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bajaj Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Steel in short term but the buy 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 red color and prices are below the red 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 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 1101.96 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bajaj Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Steel in short term but the buy 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 red color and prices are below the red 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 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 1101.96 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Bajaj Steel charts

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Daily charts

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