(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 2024-04-08 View latest technical analysis
10 day averaged volume of Bajaj Steel is 6249
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 1274.10 | 1295.00 | 1295.00 | 1246.10 | 1.33 times |
| 05 Fri Apr 2024 | 1272.60 | 1196.00 | 1289.95 | 1196.00 | 1.4 times |
| 04 Thu Apr 2024 | 1216.15 | 1217.30 | 1232.00 | 1193.00 | 0.413 times |
| 03 Wed Apr 2024 | 1217.30 | 1195.00 | 1220.00 | 1195.00 | 0.919 times |
| 02 Tue Apr 2024 | 1210.25 | 1222.00 | 1222.00 | 1192.00 | 0.959 times |
| 01 Mon Apr 2024 | 1222.90 | 1150.00 | 1259.00 | 1150.00 | 1.445 times |
| 28 Thu Mar 2024 | 1151.25 | 1154.00 | 1175.00 | 1145.05 | 0.516 times |
| 27 Wed Mar 2024 | 1154.00 | 1166.85 | 1178.50 | 1150.00 | 0.85 times |
| 26 Tue Mar 2024 | 1166.80 | 1179.90 | 1180.00 | 1135.80 | 2.273 times |
| 22 Fri Mar 2024 | 1168.55 | 1166.25 | 1189.85 | 1166.00 | 0.388 times |
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 1279.6, for a target of 1226.8 or 1182.81
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1030.60 |
| Downside Target | 1112.55 |
| Downside Target | 1135.80 |
| Downside Target | 1173.90 |
| Downside Target | 1214.40 |
| Downside Target | 1246.10 |
| Downside Target | 1252.00 |
| Upside Target | 1289.95 |
| Upside Target | 1295.00 |
| Upside Target | 1559.95 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1248.47 |
| Downside Intraday Target | 1222.83 |
| Upside Intraday Target | 1297.37 |
| Upside Intraday Target | 1320.63 |
| Downside Intraday Target | 1271.73 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 1274.10 | 1295.00 | 1295.00 | 1246.10 | 0.259 times |
| 05 Fri Apr 2024 | 1272.60 | 1150.00 | 1289.95 | 1150.00 | 1.411 times |
| 28 Thu Mar 2024 | 1151.25 | 1179.90 | 1180.00 | 1135.80 | 1.155 times |
| 22 Fri Mar 2024 | 1168.55 | 1200.00 | 1214.40 | 1140.00 | 0.397 times |
| 15 Fri Mar 2024 | 1202.95 | 1185.00 | 1252.00 | 1045.50 | 1.949 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 |
| 08 Mon Apr 2024 | 1274.10 | 1150.00 | 1295.00 | 1150.00 | 0.318 times |
| 28 Thu Mar 2024 | 1151.25 | 1195.00 | 1252.00 | 1045.50 | 0.35 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 |
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 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 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 red color and prices are in or above 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
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 1210.83 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 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 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 red color and prices are in or above 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
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 1210.83 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.
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