(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 2023-09-07 View latest technical analysis
10 day averaged volume of Bajaj Steel is 6478
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Sep 2023 | 1068.55 | 1098.00 | 1098.00 | 1057.85 | 1.768 times |
| 06 Wed Sep 2023 | 1089.25 | 1075.00 | 1098.80 | 1061.80 | 0.64 times |
| 05 Tue Sep 2023 | 1080.15 | 1060.00 | 1090.00 | 1060.00 | 0.747 times |
| 04 Mon Sep 2023 | 1056.20 | 1087.65 | 1087.65 | 1050.00 | 1.563 times |
| 01 Fri Sep 2023 | 1087.65 | 1100.00 | 1100.00 | 1058.00 | 0.773 times |
| 31 Thu Aug 2023 | 1068.65 | 1110.00 | 1110.00 | 1051.00 | 0.985 times |
| 30 Wed Aug 2023 | 1086.90 | 1123.00 | 1123.00 | 1059.00 | 1.084 times |
| 29 Tue Aug 2023 | 1098.95 | 1080.00 | 1126.00 | 1070.00 | 1.19 times |
| 28 Mon Aug 2023 | 1081.65 | 1072.00 | 1098.00 | 1065.05 | 0.751 times |
| 25 Fri Aug 2023 | 1071.55 | 1091.10 | 1135.00 | 1066.00 | 1.195 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1020.4 or till 962.4. Use a stoploss of 1068.69 and if the stock hits stoploss, then it can shoot up till 1117.01
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 | 1046.1 |
| Downside Intraday Target | 1023.65 |
| Upside Intraday Target | 1094.9 |
| Upside Intraday Target | 1121.25 |
| Upside Intraday Target | 1072.45 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Sep 2023 | 1068.55 | 1087.65 | 1098.80 | 1050.00 | 0.987 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 |
| 07 Thu Sep 2023 | 1068.55 | 1100.00 | 1100.00 | 1050.00 | 0.132 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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 negative zone. This is the SELL 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 1076.68 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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 negative zone. This is the SELL 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 1076.68 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.
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