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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 2023-11-22 View latest technical analysis

10 day averaged volume of Bajaj Steel is 7053

Date Daily Closing Price Open High Low Volume
22 Wed Nov 2023 1065.30 1073.00 1073.00 1055.55 0.545 times
21 Tue Nov 2023 1057.05 1068.70 1073.80 1055.00 0.576 times
20 Mon Nov 2023 1055.70 1061.00 1088.80 1048.00 1.394 times
17 Fri Nov 2023 1091.25 1091.45 1115.90 1090.00 0.562 times
16 Thu Nov 2023 1091.45 1104.00 1109.80 1087.00 0.636 times
15 Wed Nov 2023 1104.90 1086.00 1111.90 1086.00 0.731 times
13 Mon Nov 2023 1111.65 1075.00 1124.90 1075.00 0.973 times
12 Sun Nov 2023 1098.95 1120.00 1120.00 1088.00 0.534 times
10 Fri Nov 2023 1113.90 1109.00 1121.00 1071.00 0.814 times
09 Thu Nov 2023 1082.10 1090.00 1099.80 1045.60 2.313 times

My analysis of stock is bearish for shortterm, and stock might move down till 1051.3 or till 1021.8. Use a stoploss of 1075.83 and if the stock hits stoploss, then it can shoot up till 1100.39

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 936.05
Downside Target 1004.05
Downside Target 1041.25
Upside Target 1075.00
Upside Target 1089.30
Upside Target 1124.00
Upside Target 1124.90
Upside Target 1148.85
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 1045.93
Downside Intraday Target 1026.57
Upside Intraday Target 1086.73
Upside Intraday Target 1108.17
Upside Intraday Target 1067.37

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
22 Wed Nov 2023 1065.30 1061.00 1088.80 1048.00 0.732 times
17 Fri Nov 2023 1091.25 1120.00 1124.90 1075.00 0.608 times
10 Fri Nov 2023 1113.90 1060.00 1148.85 1041.25 2.015 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

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
22 Wed Nov 2023 1065.30 1056.60 1148.85 1018.00 0.902 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 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 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 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 Weak and stock is gaining 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 green color and prices are in or below the green 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 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 1085.52 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 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 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 Weak and stock is gaining 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 green color and prices are in or below the green 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 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 1085.52 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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Daily charts

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