(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 2023-09-21 View latest technical analysis
10 day averaged volume of Bajaj Steel is 7076
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Sep 2023 | 1048.00 | 1034.00 | 1070.00 | 1027.10 | 0.5 times |
| 20 Wed Sep 2023 | 1026.10 | 1066.00 | 1066.00 | 1015.00 | 1.205 times |
| 18 Mon Sep 2023 | 1066.00 | 1048.00 | 1090.00 | 1020.00 | 0.775 times |
| 15 Fri Sep 2023 | 1044.30 | 1036.00 | 1056.50 | 1026.00 | 0.571 times |
| 14 Thu Sep 2023 | 1032.80 | 1043.00 | 1044.70 | 1026.95 | 0.55 times |
| 13 Wed Sep 2023 | 1024.75 | 1050.25 | 1059.90 | 1020.00 | 1.288 times |
| 12 Tue Sep 2023 | 1050.25 | 1067.95 | 1080.00 | 1026.65 | 1.213 times |
| 11 Mon Sep 2023 | 1067.95 | 1090.00 | 1090.00 | 1055.00 | 1.313 times |
| 08 Fri Sep 2023 | 1077.30 | 1089.90 | 1089.90 | 1056.65 | 0.88 times |
| 07 Thu Sep 2023 | 1068.55 | 1098.00 | 1098.00 | 1057.85 | 1.619 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1044.2 as stoploss in an intra day buy trade for a target of 1066.2. However, stock will show a bearish move below 1044.2.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 936.05 |
| Downside Target | 1015.00 |
| Upside Target | 1050.00 |
| 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 | 1012 |
| Downside Intraday Target | 976 |
| Upside Intraday Target | 1087 |
| Upside Intraday Target | 1126 |
| Upside Intraday Target | 1051 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Sep 2023 | 1048.00 | 1048.00 | 1090.00 | 1015.00 | 0.502 times |
| 15 Fri Sep 2023 | 1044.30 | 1090.00 | 1090.00 | 1020.00 | 0.949 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 |
Price has moved up 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 |
| 21 Thu Sep 2023 | 1048.00 | 1100.00 | 1100.00 | 1015.00 | 0.349 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY signal is weak.
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 1051.54 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY signal is weak.
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 1051.54 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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