(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 2023-09-13 View latest technical analysis
10 day averaged volume of Bajaj Steel is 7308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Sep 2023 | 1024.75 | 1050.25 | 1059.90 | 1020.00 | 1.248 times |
| 12 Tue Sep 2023 | 1050.25 | 1067.95 | 1080.00 | 1026.65 | 1.174 times |
| 11 Mon Sep 2023 | 1067.95 | 1090.00 | 1090.00 | 1055.00 | 1.271 times |
| 08 Fri Sep 2023 | 1077.30 | 1089.90 | 1089.90 | 1056.65 | 0.852 times |
| 07 Thu Sep 2023 | 1068.55 | 1098.00 | 1098.00 | 1057.85 | 1.568 times |
| 06 Wed Sep 2023 | 1089.25 | 1075.00 | 1098.80 | 1061.80 | 0.568 times |
| 05 Tue Sep 2023 | 1080.15 | 1060.00 | 1090.00 | 1060.00 | 0.663 times |
| 04 Mon Sep 2023 | 1056.20 | 1087.65 | 1087.65 | 1050.00 | 1.386 times |
| 01 Fri Sep 2023 | 1087.65 | 1100.00 | 1100.00 | 1058.00 | 0.685 times |
| 31 Thu Aug 2023 | 1068.65 | 1110.00 | 1110.00 | 1051.00 | 0.873 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1029.1, for a target of 1058.6 or 1083.2
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 936.05 |
| Downside Target | 1020.00 |
| Upside 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 | 999.83 |
| Downside Intraday Target | 974.92 |
| Upside Intraday Target | 1069.83 |
| Upside Intraday Target | 1114.92 |
| Upside Intraday Target | 1044.92 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Sep 2023 | 1024.75 | 1090.00 | 1090.00 | 1020.00 | 0.733 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 |
| 13 Wed Sep 2023 | 1024.75 | 1100.00 | 1100.00 | 1020.00 | 0.254 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 1063.31 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 1063.31 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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