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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 2024-06-21 View latest technical analysis

10 day averaged volume of Bajaj Steel is 9503

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 1451.75 1479.00 1479.70 1450.00 0.393 times
20 Thu Jun 2024 1472.45 1485.00 1485.00 1465.10 0.404 times
19 Wed Jun 2024 1475.90 1499.00 1499.00 1461.05 0.554 times
18 Tue Jun 2024 1486.80 1490.00 1510.00 1455.25 0.889 times
14 Fri Jun 2024 1462.05 1453.00 1489.90 1425.00 1.654 times
13 Thu Jun 2024 1462.05 1453.00 1489.90 1425.00 1.654 times
12 Wed Jun 2024 1460.20 1488.00 1488.00 1448.00 0.714 times
11 Tue Jun 2024 1459.90 1476.70 1498.95 1456.00 0.528 times
10 Mon Jun 2024 1477.70 1502.50 1512.85 1456.05 0.675 times
07 Fri Jun 2024 1512.85 1467.00 1540.00 1425.00 1.75 times

My analysis of stock is bullish for shortterm, and stock might move up till 1499.2 or till 1563.7. Use a stoploss of 1445.39 and if this stock hits its stoploss, then it can fall down till 1391.59

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 1320.00
Downside Target 1354.50
Downside Target 1425.00
Upside Target 1510.00
Upside Target 1540.00
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 1431.17
Downside Intraday Target 1410.58
Upside Intraday Target 1491.17
Upside Intraday Target 1530.58
Upside Intraday Target 1470.58

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 1451.75 1490.00 1510.00 1450.00 0.429 times
14 Fri Jun 2024 1462.05 1502.50 1512.85 1425.00 0.745 times
07 Fri Jun 2024 1512.85 1500.00 1540.00 1210.60 1.135 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

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
21 Fri Jun 2024 1451.75 1500.00 1540.00 1210.60 0.662 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing momentum.

MACD generated a SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term and SELL 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 1475.81 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing momentum.

MACD generated a SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term and SELL 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 1475.81 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.

Click here for Bajaj Steel charts

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Daily charts

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