(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 2023-09-11 View latest technical analysis
10 day averaged volume of Bajaj Steel is 6778
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Sep 2023 | 1067.95 | 1090.00 | 1090.00 | 1055.00 | 1.37 times |
| 08 Fri Sep 2023 | 1077.30 | 1089.90 | 1089.90 | 1056.65 | 0.918 times |
| 07 Thu Sep 2023 | 1068.55 | 1098.00 | 1098.00 | 1057.85 | 1.69 times |
| 06 Wed Sep 2023 | 1089.25 | 1075.00 | 1098.80 | 1061.80 | 0.612 times |
| 05 Tue Sep 2023 | 1080.15 | 1060.00 | 1090.00 | 1060.00 | 0.714 times |
| 04 Mon Sep 2023 | 1056.20 | 1087.65 | 1087.65 | 1050.00 | 1.494 times |
| 01 Fri Sep 2023 | 1087.65 | 1100.00 | 1100.00 | 1058.00 | 0.739 times |
| 31 Thu Aug 2023 | 1068.65 | 1110.00 | 1110.00 | 1051.00 | 0.941 times |
| 30 Wed Aug 2023 | 1086.90 | 1123.00 | 1123.00 | 1059.00 | 1.036 times |
| 29 Tue Aug 2023 | 1098.95 | 1080.00 | 1126.00 | 1070.00 | 1.137 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1040.7 or till 995.6. Use a stoploss of 1078.23 and if the stock hits stoploss, then it can shoot up till 1115.79
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 936.05 |
| Downside Target | 1050.00 |
| Upside Target | 1125.00 |
| Upside Target | 1126.00 |
| Upside Target | 1148.45 |
| Upside Target | 1151.00 |
| 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 | 1051.97 |
| Downside Intraday Target | 1035.98 |
| Upside Intraday Target | 1086.97 |
| Upside Intraday Target | 1105.98 |
| Upside Intraday Target | 1070.98 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Sep 2023 | 1067.95 | 1090.00 | 1090.00 | 1055.00 | 0.252 times |
| 08 Fri Sep 2023 | 1077.30 | 1087.65 | 1098.80 | 1050.00 | 1.188 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 |
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 |
| 11 Mon Sep 2023 | 1067.95 | 1100.00 | 1100.00 | 1050.00 | 0.189 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 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 short 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 short to mid 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1075.83 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 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 short 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 short to mid 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1075.83 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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