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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 2023-11-06 View latest technical analysis

10 day averaged volume of Bajaj Steel is 4368

Date Daily Closing Price Open High Low Volume
06 Mon Nov 2023 1073.00 1060.00 1082.90 1043.80 0.607 times
03 Fri Nov 2023 1078.05 1055.80 1089.30 1035.00 1.156 times
02 Thu Nov 2023 1056.25 1042.00 1059.00 1025.05 1.101 times
01 Wed Nov 2023 1056.05 1056.60 1065.00 1018.00 1.244 times
31 Tue Oct 2023 1040.75 1067.00 1067.00 1038.00 0.416 times
30 Mon Oct 2023 1047.40 1062.00 1067.95 1032.85 0.614 times
27 Fri Oct 2023 1061.50 1030.45 1065.00 1030.00 0.712 times
26 Thu Oct 2023 1030.45 1028.00 1040.00 1004.05 1.839 times
25 Wed Oct 2023 1032.05 1052.00 1073.80 1020.00 0.735 times
23 Mon Oct 2023 1058.15 1077.00 1088.35 1020.00 1.714 times

My analysis of stock is bearish for shortterm, and stock might move down till 1044.1 or till 1007.5. Use a stoploss of 1074.62 and if the stock hits stoploss, then it can shoot up till 1105.15

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 936.05
Downside Target 1004.05
Upside Target 1088.35
Upside Target 1089.30
Upside Target 1122.00
Upside Target 1124.00
Upside Target 1150.00
Upside Target 1220.00
Upside Target 1273.90

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 1050.23
Downside Intraday Target 1027.47
Upside Intraday Target 1089.33
Upside Intraday Target 1105.67
Downside Intraday Target 1066.57

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
06 Mon Nov 2023 1073.00 1060.00 1082.90 1043.80 0.134 times
03 Fri Nov 2023 1078.05 1062.00 1089.30 1018.00 0.906 times
27 Fri Oct 2023 1061.50 1077.00 1088.35 1004.05 0.634 times
20 Fri Oct 2023 1076.45 1116.75 1150.00 1064.00 1.21 times
13 Fri Oct 2023 1116.25 1061.60 1122.00 1037.05 1.54 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
06 Mon Nov 2023 1073.00 1056.60 1089.30 1018.00 0.167 times
31 Tue Oct 2023 1040.75 1084.00 1150.00 1004.05 0.639 times
29 Fri Sep 2023 1083.55 1100.00 1124.00 1015.00 0.624 times
31 Thu Aug 2023 1068.65 1125.00 1220.00 936.05 1.95 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 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. Bulls 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 but SELL 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

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 1052.8 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 rising upwards.

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 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 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 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 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. Bulls 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 but SELL 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

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 1052.8 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 rising upwards.

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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Daily charts

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