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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 2024-03-01 View latest technical analysis

10 day averaged volume of Bajaj Steel is 11460

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 1217.30 1195.00 1225.00 1185.00 0.746 times
29 Thu Feb 2024 1189.30 1190.10 1210.00 1172.05 0.405 times
28 Wed Feb 2024 1193.25 1225.00 1225.00 1181.30 0.755 times
27 Tue Feb 2024 1199.75 1214.65 1225.00 1171.55 0.569 times
26 Mon Feb 2024 1214.65 1209.80 1220.00 1190.00 0.611 times
23 Fri Feb 2024 1202.35 1200.00 1223.90 1190.10 0.479 times
22 Thu Feb 2024 1204.45 1180.00 1224.90 1158.90 1.249 times
21 Wed Feb 2024 1174.05 1200.00 1216.95 1156.15 0.806 times
20 Tue Feb 2024 1186.15 1205.00 1228.50 1169.65 0.837 times
19 Mon Feb 2024 1209.65 1250.00 1250.00 1202.25 3.702 times

My analysis of stock is bearish for shortterm, and stock might move down till 1144.5 or till 1006.2. Use a stoploss of 1259.79 and if the stock hits stoploss, then it can shoot up till 1375.04

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 1018.00
Downside Target 1112.55
Downside Target 1148.85
Upside Target 1225.00
Upside Target 1250.00
Upside Target 1268.95
Upside Target 1331.00
Upside Target 1559.95
Upside Target 1617.80
Upside Target 1626.90

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 1184.23
Downside Intraday Target 1151.17
Upside Intraday Target 1237.68
Upside Intraday Target 1258.07
Downside Intraday Target 1204.62

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
01 Fri Mar 2024 1217.30 1209.80 1225.00 1171.55 0.436 times
23 Fri Feb 2024 1202.35 1250.00 1250.00 1156.15 1.347 times
16 Fri Feb 2024 1234.05 1249.00 1268.95 1150.00 0.365 times
09 Fri Feb 2024 1237.35 1599.95 1626.90 1195.10 1.299 times
02 Fri Feb 2024 1571.55 1331.00 1617.80 1331.00 2.344 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
01 Fri Mar 2024 1217.30 1195.00 1225.00 1185.00 0.024 times
29 Thu Feb 2024 1189.30 1546.80 1626.90 1150.00 1.106 times
31 Wed Jan 2024 1529.40 1170.00 1559.95 1112.55 2.54 times
29 Fri Dec 2023 1166.95 1098.90 1173.90 1030.60 1.046 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Strong and stock is losing 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 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 red color and prices are below the red cloud Prices appear to be moving up

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 but buying 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 1202.18 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Strong and stock is losing 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 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 red color and prices are below the red cloud Prices appear to be moving up

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 but buying 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 1202.18 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.

Click here for Bajaj Steel charts

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Daily charts

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