(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 2024-06-05 View latest technical analysis
10 day averaged volume of Bajaj Steel is 15996
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 1412.80 | 1286.40 | 1450.00 | 1210.60 | 0.792 times |
| 04 Tue Jun 2024 | 1286.40 | 1375.00 | 1375.00 | 1240.00 | 0.597 times |
| 03 Mon Jun 2024 | 1360.15 | 1500.00 | 1500.00 | 1350.00 | 1.037 times |
| 31 Fri May 2024 | 1428.30 | 1500.00 | 1500.00 | 1418.15 | 0.218 times |
| 30 Thu May 2024 | 1467.65 | 1540.00 | 1580.00 | 1455.00 | 1.273 times |
| 29 Wed May 2024 | 1457.85 | 1367.00 | 1473.65 | 1367.00 | 0.467 times |
| 28 Tue May 2024 | 1365.15 | 1391.00 | 1409.70 | 1354.50 | 0.556 times |
| 27 Mon May 2024 | 1417.50 | 1530.00 | 1543.90 | 1399.75 | 1.154 times |
| 24 Fri May 2024 | 1519.25 | 1617.00 | 1617.70 | 1500.00 | 0.907 times |
| 23 Thu May 2024 | 1571.35 | 1510.00 | 1585.00 | 1485.00 | 1.304 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1461.2 as stoploss in an intra day sell trade for a target of 1364.17. However, stock will show a bullish move above 1461.2.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1045.50 |
| Downside Target | 1150.00 |
| Downside Target | 1210.60 |
| Downside Target | 1240.00 |
| Downside Target | 1299.80 |
| Downside Target | 1354.50 |
| Upside Target | 1500.00 |
| Upside Target | 1580.00 |
| Upside Target | 1617.70 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1248.93 |
| Downside Intraday Target | 1085.07 |
| Upside Intraday Target | 1538.33 |
| Upside Intraday Target | 1663.87 |
| Downside Intraday Target | 1374.47 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 1412.80 | 1500.00 | 1500.00 | 1210.60 | 0.661 times |
| 31 Fri May 2024 | 1428.30 | 1530.00 | 1580.00 | 1354.50 | 0.568 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 |
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 |
| 05 Wed Jun 2024 | 1412.80 | 1500.00 | 1500.00 | 1210.60 | 0.187 times |
| 31 Fri May 2024 | 1428.30 | 1300.00 | 1617.70 | 1240.00 | 1.769 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1442.45 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1442.45 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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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