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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 2023-11-30 View latest technical analysis

10 day averaged volume of Bajaj Steel is 5417

Date Daily Closing Price Open High Low Volume
30 Thu Nov 2023 1083.15 1065.00 1094.90 1065.00 0.674 times
29 Wed Nov 2023 1086.15 1050.00 1095.00 1046.20 1.922 times
28 Tue Nov 2023 1064.15 1079.00 1079.00 1055.10 0.861 times
24 Fri Nov 2023 1058.60 1051.00 1060.00 1050.05 0.589 times
23 Thu Nov 2023 1048.95 1060.30 1075.00 1040.00 0.84 times
22 Wed Nov 2023 1065.30 1073.00 1073.00 1055.55 0.71 times
21 Tue Nov 2023 1057.05 1068.70 1073.80 1055.00 0.751 times
20 Mon Nov 2023 1055.70 1061.00 1088.80 1048.00 1.815 times
17 Fri Nov 2023 1091.25 1091.45 1115.90 1090.00 0.732 times
16 Thu Nov 2023 1091.45 1104.00 1109.80 1087.00 0.829 times

My analysis of stock is bullish for shortterm, and stock might move up till 1101.2 or till 1125.4. Use a stoploss of 1081.08 and if this stock hits its stoploss, then it can fall down till 1060.91

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 936.05
Downside Target 1004.05
Downside Target 1040.00
Downside Target 1075.00
Upside Target 1095.00
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 1054.57
Downside Intraday Target 1025.98
Upside Intraday Target 1103.37
Upside Intraday Target 1123.58
Downside Intraday Target 1074.78

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
30 Thu Nov 2023 1083.15 1079.00 1095.00 1046.20 0.735 times
24 Fri Nov 2023 1058.60 1061.00 1088.80 1040.00 1.051 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

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
30 Thu Nov 2023 1083.15 1056.60 1148.85 1018.00 1.147 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1070.49 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1070.49 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 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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