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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 2023-09-14 View latest technical analysis

10 day averaged volume of Bajaj Steel is 7517

Date Daily Closing Price Open High Low Volume
14 Thu Sep 2023 1032.80 1043.00 1044.70 1026.95 0.518 times
13 Wed Sep 2023 1024.75 1050.25 1059.90 1020.00 1.213 times
12 Tue Sep 2023 1050.25 1067.95 1080.00 1026.65 1.141 times
11 Mon Sep 2023 1067.95 1090.00 1090.00 1055.00 1.236 times
08 Fri Sep 2023 1077.30 1089.90 1089.90 1056.65 0.828 times
07 Thu Sep 2023 1068.55 1098.00 1098.00 1057.85 1.524 times
06 Wed Sep 2023 1089.25 1075.00 1098.80 1061.80 0.552 times
05 Tue Sep 2023 1080.15 1060.00 1090.00 1060.00 0.644 times
04 Mon Sep 2023 1056.20 1087.65 1087.65 1050.00 1.347 times
01 Fri Sep 2023 1087.65 1100.00 1100.00 1058.00 0.666 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 1021.5, for a target of 1053.8 or 1080.76

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 1005.2
Downside Intraday Target 977.6
Upside Intraday Target 1075.2
Upside Intraday Target 1117.6
Upside Intraday Target 1047.6

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
14 Thu Sep 2023 1032.80 1090.00 1090.00 1020.00 0.839 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
14 Thu Sep 2023 1032.80 1100.00 1100.00 1020.00 0.269 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 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 losing 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 moving up

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 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 1061.2 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 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 losing 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 moving up

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 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 1061.2 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

Click here for further forecast and predictions for tomorrow

Daily charts

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