(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 2024-06-27 View latest technical analysis
10 day averaged volume of Bajaj Steel is 8523
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 1558.70 | 1539.00 | 1619.80 | 1520.00 | 2.647 times |
| 26 Wed Jun 2024 | 1539.45 | 1500.00 | 1560.00 | 1462.25 | 1.651 times |
| 25 Tue Jun 2024 | 1489.40 | 1480.00 | 1494.10 | 1465.00 | 0.928 times |
| 24 Mon Jun 2024 | 1451.75 | 1479.00 | 1479.70 | 1450.00 | 0.439 times |
| 21 Fri Jun 2024 | 1451.75 | 1479.00 | 1479.70 | 1450.00 | 0.439 times |
| 20 Thu Jun 2024 | 1472.45 | 1485.00 | 1485.00 | 1465.10 | 0.45 times |
| 19 Wed Jun 2024 | 1475.90 | 1499.00 | 1499.00 | 1461.05 | 0.618 times |
| 18 Tue Jun 2024 | 1486.80 | 1490.00 | 1510.00 | 1455.25 | 0.991 times |
| 14 Fri Jun 2024 | 1462.05 | 1453.00 | 1489.90 | 1425.00 | 1.844 times |
| 13 Thu Jun 2024 | 1462.05 | 1453.00 | 1489.90 | 1425.00 | 1.844 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1516.3, but if it comes below 1516.3, then a intra day sell could be more profitable.
If you take a sell trade below 1516.3, then use 1516.3 as stoploss and 1459.37 as target. However if you take a buy trade in stock , then use 1516.3 as stoploss and 1584.6 as target.
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 |
| Downside Target | 1510.00 |
| Downside Target | 1540.00 |
| Upside Target | 1580.00 |
| Upside Target | 1617.70 |
| Upside Target | 1619.80 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1465.87 |
| Downside Intraday Target | 1373.03 |
| Upside Intraday Target | 1635.67 |
| Upside Intraday Target | 1712.63 |
| Downside Intraday Target | 1542.83 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 1558.70 | 1479.00 | 1619.80 | 1450.00 | 2.268 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bajaj Steel (BajajSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 1558.70 | 1500.00 | 1619.80 | 1210.60 | 0.894 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 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 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 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 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 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 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 1498.99 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 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 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 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 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 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 1498.99 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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