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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 22997

Date Daily Closing Price Open High Low Volume
03 Thu Oct 2024 3320.10 3410.55 3499.75 3153.80 2.731 times
01 Tue Oct 2024 3350.35 3005.00 3400.00 3000.00 4.178 times
30 Mon Sep 2024 2931.35 2800.00 3026.45 2780.10 4.149 times
27 Fri Sep 2024 2522.05 2559.95 2562.00 2509.00 0.184 times
26 Thu Sep 2024 2514.20 2572.20 2609.80 2495.75 0.19 times
25 Wed Sep 2024 2587.40 2656.00 2656.00 2560.00 0.127 times
24 Tue Sep 2024 2612.30 2529.45 2644.95 2518.50 0.203 times
23 Mon Sep 2024 2581.05 2596.15 2624.70 2492.40 0.383 times
20 Fri Sep 2024 2596.15 2644.00 2663.90 2570.00 0.166 times
19 Thu Sep 2024 2626.55 2685.00 2685.00 2570.00 0.248 times

Stock of Bajaj Steel (BajajSteel) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3232.8, for a target of 2912.5 or 2645.62

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 1210.60
Downside Target 1555.00
Downside Target 1665.90
Downside Target 1764.30
Downside Target 1864.30
Downside Target 1961.25
Downside Target 2281.00
Downside Target 2350.00
Downside Target 2445.00
Downside Target 2565.50
Downside Target 2656.00
Downside Target 2742.95
Downside Target 3000.00
Downside Target 3026.45
Upside Target 3499.75

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 2900.22
Downside Intraday Target 2480.33
Upside Intraday Target 3619.87
Upside Intraday Target 3919.63
Downside Intraday Target 3199.98

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
03 Thu Oct 2024 3320.10 2800.00 3499.75 2780.10 10.163 times
27 Fri Sep 2024 2522.05 2596.15 2656.00 2492.40 0.851 times
20 Fri Sep 2024 2596.15 2693.80 2742.95 2565.50 0.409 times
13 Fri Sep 2024 2646.40 2454.00 2798.00 2350.00 0.902 times
06 Fri Sep 2024 2430.95 2172.00 2445.00 1961.25 2.366 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bajaj Steel (BajajSteel)

Date Monthly Closing Price Open High Low Volume
03 Thu Oct 2024 3320.10 3005.00 3499.75 3000.00 0.527 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
31 Wed Jul 2024 1822.75 1666.90 1864.30 1555.00 1.129 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bajaj Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Steel in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Bajaj Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 3113.16 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 is giving positive 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bajaj Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Steel in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Bajaj Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 3113.16 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 is giving positive 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.

Click here for Bajaj Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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