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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)

10 day averaged volume of Bajaj Steel is 38629

Date Daily Closing Price Open High Low Volume
29 Fri Nov 2024 737.35 748.00 748.00 706.90 0.535 times
28 Thu Nov 2024 737.45 724.00 739.00 722.85 0.561 times
27 Wed Nov 2024 730.45 740.90 740.90 670.00 1.107 times
26 Tue Nov 2024 727.40 740.00 759.60 711.55 0.567 times
25 Mon Nov 2024 736.10 773.05 780.00 734.00 0.874 times
22 Fri Nov 2024 766.75 771.95 778.90 761.00 0.516 times
21 Thu Nov 2024 763.10 762.90 779.00 751.55 0.742 times
19 Tue Nov 2024 762.90 791.00 800.00 751.25 1.387 times
18 Mon Nov 2024 791.05 810.80 839.00 781.00 1.484 times
14 Thu Nov 2024 852.10 834.10 859.75 786.80 1.927 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 543.8 as stoploss in an intra day buy trade for a target of 1851.81. However, stock will show a bearish move below 543.8.

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 670.00
Upside Target 751.25
Upside Target 780.00
Upside Target 839.00
Upside Target 1555.00
Upside Target 1764.30
Upside Target 1864.30
Upside Target 1961.25
Upside Target 2281.00
Upside Target 2750.00
Upside Target 2871.20
Upside Target 3026.45
Upside Target 3425.00
Upside Target 3499.75
Upside Target 3619.00
Upside Target 3724.00

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 678.23
Downside Intraday Target 619.12
Upside Intraday Target 788.23
Upside Intraday Target 839.12
Downside Intraday Target 729.12

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
29 Fri Nov 2024 737.35 773.05 780.00 670.00 0.883 times
22 Fri Nov 2024 766.75 810.80 839.00 751.25 0.63 times
14 Thu Nov 2024 852.10 3530.00 3535.00 786.80 2.641 times
08 Fri Nov 2024 3445.85 3724.00 3724.00 3425.00 2.058 times
01 Fri Nov 2024 3512.20 2925.00 3619.00 2871.20 1.433 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
29 Fri Nov 2024 737.35 3400.00 3724.00 670.00 2.048 times
31 Thu Oct 2024 3294.05 3005.00 3499.75 2750.00 1.077 times
30 Mon Sep 2024 2931.35 2172.00 3026.45 1961.25 1.547 times
30 Fri Aug 2024 2117.00 1850.00 2281.00 1764.30 0.835 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 774.07 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 neutral. A longer time frame might give a better analysis.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 774.07 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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