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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 2023-09-04 View latest technical analysis

10 day averaged volume of Bajaj Steel is 6626

Date Daily Closing Price Open High Low Volume
04 Mon Sep 2023 1056.20 1087.65 1087.65 1050.00 1.528 times
01 Fri Sep 2023 1087.65 1100.00 1100.00 1058.00 0.756 times
31 Thu Aug 2023 1068.65 1110.00 1110.00 1051.00 0.963 times
30 Wed Aug 2023 1086.90 1123.00 1123.00 1059.00 1.06 times
29 Tue Aug 2023 1098.95 1080.00 1126.00 1070.00 1.163 times
28 Mon Aug 2023 1081.65 1072.00 1098.00 1065.05 0.734 times
25 Fri Aug 2023 1071.55 1091.10 1135.00 1066.00 1.168 times
24 Thu Aug 2023 1097.05 1130.00 1140.00 1090.00 1.047 times
23 Wed Aug 2023 1117.80 1135.05 1135.05 1110.50 0.713 times
22 Tue Aug 2023 1135.05 1119.00 1148.45 1110.00 1.301 times

My analysis of stock is bearish for shortterm, and stock might move down till 1016.3 or till 954.5. Use a stoploss of 1067.85 and if the stock hits stoploss, then it can shoot up till 1119.36

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 936.05
Downside Target 1050.00
Upside Target 1125.00
Upside Target 1148.45
Upside Target 1151.00
Upside Target 1159.00
Upside Target 1199.00
Upside Target 1220.00
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 1041.58
Downside Intraday Target 1026.97
Upside Intraday Target 1079.23
Upside Intraday Target 1102.27
Upside Intraday Target 1064.62

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
04 Mon Sep 2023 1056.20 1087.65 1087.65 1050.00 0.327 times
01 Fri Sep 2023 1087.65 1072.00 1126.00 1051.00 0.878 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

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
04 Mon Sep 2023 1056.20 1100.00 1100.00 1050.00 0.056 times
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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 1089.16 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 1089.16 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 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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