(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 2024-05-29 View latest technical analysis
10 day averaged volume of Bajaj Steel is 14314
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 1457.85 | 1367.00 | 1473.65 | 1367.00 | 0.522 times |
| 28 Tue May 2024 | 1365.15 | 1391.00 | 1409.70 | 1354.50 | 0.622 times |
| 27 Mon May 2024 | 1417.50 | 1530.00 | 1543.90 | 1399.75 | 1.29 times |
| 24 Fri May 2024 | 1519.25 | 1617.00 | 1617.70 | 1500.00 | 1.014 times |
| 23 Thu May 2024 | 1571.35 | 1510.00 | 1585.00 | 1485.00 | 1.457 times |
| 22 Wed May 2024 | 1455.75 | 1520.00 | 1571.90 | 1435.00 | 2.778 times |
| 21 Tue May 2024 | 1407.75 | 1262.15 | 1439.30 | 1262.15 | 1.964 times |
| 18 Sat May 2024 | 1262.15 | 1263.85 | 1269.80 | 1251.80 | 0.078 times |
| 17 Fri May 2024 | 1263.85 | 1270.00 | 1284.95 | 1253.00 | 0.239 times |
| 16 Thu May 2024 | 1264.90 | 1273.15 | 1282.90 | 1251.00 | 0.299 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1433.4, but if it comes below 1433.4, then a intra day sell could be more profitable.
If you take a sell trade below 1433.4, then use 1433.4 as stoploss and 1337.99 as target. However if you take a buy trade in stock , then use 1433.4 as stoploss and 1548 as target.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1045.50 |
| Downside Target | 1112.55 |
| Downside Target | 1150.00 |
| Downside Target | 1240.00 |
| Downside Target | 1299.80 |
| Downside Target | 1320.00 |
| Downside Target | 1354.50 |
| Upside Target | 1543.90 |
| Upside Target | 1559.95 |
| Upside Target | 1617.70 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1360.27 |
| Downside Intraday Target | 1262.68 |
| Upside Intraday Target | 1549.67 |
| Upside Intraday Target | 1641.48 |
| Downside Intraday Target | 1452.08 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 1457.85 | 1530.00 | 1543.90 | 1354.50 | 0.337 times |
| 24 Fri May 2024 | 1519.25 | 1262.15 | 1617.70 | 1262.15 | 5.621 times |
| 18 Sat May 2024 | 1262.15 | 1289.95 | 1299.80 | 1240.00 | 1.171 times |
| 10 Fri May 2024 | 1266.10 | 1310.00 | 1310.00 | 1242.00 | 0.691 times |
| 03 Fri May 2024 | 1288.75 | 1291.50 | 1311.00 | 1266.00 | 0.836 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 |
| 29 Wed May 2024 | 1457.85 | 1300.00 | 1617.70 | 1240.00 | 1.566 times |
| 30 Tue Apr 2024 | 1290.25 | 1150.00 | 1320.00 | 1150.00 | 0.925 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 1447.55 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 1447.55 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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