(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 2024-07-12 View latest technical analysis
10 day averaged volume of Bajaj Steel is 14243
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 1666.55 | 1625.00 | 1700.00 | 1603.80 | 0.506 times |
| 11 Thu Jul 2024 | 1621.40 | 1610.00 | 1634.85 | 1580.00 | 0.621 times |
| 10 Wed Jul 2024 | 1586.45 | 1635.00 | 1635.00 | 1555.00 | 0.53 times |
| 09 Tue Jul 2024 | 1607.25 | 1640.00 | 1640.00 | 1600.00 | 0.221 times |
| 08 Mon Jul 2024 | 1608.25 | 1661.00 | 1700.00 | 1600.00 | 0.707 times |
| 05 Fri Jul 2024 | 1660.70 | 1749.00 | 1749.00 | 1610.00 | 1.066 times |
| 04 Thu Jul 2024 | 1709.75 | 1735.00 | 1770.00 | 1660.00 | 0.632 times |
| 03 Wed Jul 2024 | 1730.05 | 1830.30 | 1864.30 | 1719.80 | 0.801 times |
| 02 Tue Jul 2024 | 1796.00 | 1740.00 | 1844.00 | 1651.00 | 2.049 times |
| 01 Mon Jul 2024 | 1726.35 | 1666.90 | 1735.00 | 1635.00 | 1.911 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 1690 as stoploss in an intra day sell trade for a target of 1586.44. However, stock will show a bullish move above 1690.
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 | 1425.00 |
| Downside Target | 1510.00 |
| Downside Target | 1555.00 |
| Downside Target | 1610.00 |
| Downside Target | 1665.90 |
| Upside Target | 1700.00 |
| Upside Target | 1864.30 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1581.03 |
| Downside Intraday Target | 1495.52 |
| Upside Intraday Target | 1726.03 |
| Upside Intraday Target | 1785.52 |
| Downside Intraday Target | 1640.52 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 1666.55 | 1661.00 | 1700.00 | 1555.00 | 0.4 times |
| 05 Fri Jul 2024 | 1660.70 | 1666.90 | 1864.30 | 1610.00 | 1.331 times |
| 28 Fri Jun 2024 | 1627.75 | 1479.00 | 1665.90 | 1450.00 | 3.246 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 |
Price has moved up 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 |
| 12 Fri Jul 2024 | 1666.55 | 1666.90 | 1864.30 | 1555.00 | 0.623 times |
| 28 Fri Jun 2024 | 1627.75 | 1500.00 | 1665.90 | 1210.60 | 0.994 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1702.67 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1702.67 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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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