(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 2024-04-09 View latest technical analysis
10 day averaged volume of Bajaj Steel is 6557
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 1258.80 | 1285.00 | 1285.00 | 1248.25 | 0.778 times |
| 08 Mon Apr 2024 | 1274.10 | 1295.00 | 1295.00 | 1246.10 | 1.267 times |
| 05 Fri Apr 2024 | 1272.60 | 1196.00 | 1289.95 | 1196.00 | 1.334 times |
| 04 Thu Apr 2024 | 1216.15 | 1217.30 | 1232.00 | 1193.00 | 0.394 times |
| 03 Wed Apr 2024 | 1217.30 | 1195.00 | 1220.00 | 1195.00 | 0.876 times |
| 02 Tue Apr 2024 | 1210.25 | 1222.00 | 1222.00 | 1192.00 | 0.914 times |
| 01 Mon Apr 2024 | 1222.90 | 1150.00 | 1259.00 | 1150.00 | 1.377 times |
| 28 Thu Mar 2024 | 1151.25 | 1154.00 | 1175.00 | 1145.05 | 0.492 times |
| 27 Wed Mar 2024 | 1154.00 | 1166.85 | 1178.50 | 1150.00 | 0.81 times |
| 26 Tue Mar 2024 | 1166.80 | 1179.90 | 1180.00 | 1135.80 | 2.167 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1234, but if it comes below 1234, then a intra day sell could be more profitable.
If you take a sell trade below 1234, then use 1234 as stoploss and 1187.1 as target. However if you take a buy trade in stock , then use 1234 as stoploss and 1290.3 as target.
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 | 1238.27 |
| Downside Intraday Target | 1217.73 |
| Upside Intraday Target | 1287.17 |
| Upside Intraday Target | 1315.53 |
| Upside Intraday Target | 1266.63 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 1258.80 | 1295.00 | 1295.00 | 1246.10 | 0.418 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 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 |
| 09 Tue Apr 2024 | 1258.80 | 1150.00 | 1295.00 | 1150.00 | 0.358 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 coming down
CCI has generated a SELL signal for Bajaj Steel in short term but SELL signal is weak.
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
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 1215.93 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 coming down
CCI has generated a SELL signal for Bajaj Steel in short term but SELL signal is weak.
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
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 1215.93 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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