(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 2023-09-22 View latest technical analysis
10 day averaged volume of Bajaj Steel is 7014
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 1050.75 | 1059.80 | 1059.80 | 1026.55 | 1.215 times |
| 21 Thu Sep 2023 | 1048.00 | 1034.00 | 1070.00 | 1027.10 | 0.504 times |
| 20 Wed Sep 2023 | 1026.10 | 1066.00 | 1066.00 | 1015.00 | 1.216 times |
| 18 Mon Sep 2023 | 1066.00 | 1048.00 | 1090.00 | 1020.00 | 0.782 times |
| 15 Fri Sep 2023 | 1044.30 | 1036.00 | 1056.50 | 1026.00 | 0.576 times |
| 14 Thu Sep 2023 | 1032.80 | 1043.00 | 1044.70 | 1026.95 | 0.555 times |
| 13 Wed Sep 2023 | 1024.75 | 1050.25 | 1059.90 | 1020.00 | 1.3 times |
| 12 Tue Sep 2023 | 1050.25 | 1067.95 | 1080.00 | 1026.65 | 1.223 times |
| 11 Mon Sep 2023 | 1067.95 | 1090.00 | 1090.00 | 1055.00 | 1.324 times |
| 08 Fri Sep 2023 | 1077.30 | 1089.90 | 1089.90 | 1056.65 | 0.887 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 1042.9 as stoploss in an intra day buy trade for a target of 1063.89. However, stock will show a bearish move below 1042.9.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 936.05 |
| Downside Target | 1015.00 |
| Downside 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 | 1013.83 |
| Downside Intraday Target | 976.92 |
| Upside Intraday Target | 1088.83 |
| Upside Intraday Target | 1126.92 |
| Upside Intraday Target | 1051.92 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 1050.75 | 1048.00 | 1090.00 | 1015.00 | 0.747 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 |
| 22 Fri Sep 2023 | 1050.75 | 1100.00 | 1100.00 | 1015.00 | 0.38 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 losing 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 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 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 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 1048.54 and Bajaj Steel (BajajSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 losing 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 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 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 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 1048.54 and Bajaj Steel (BajajSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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