(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 2024-07-23 View latest technical analysis
10 day averaged volume of Bajaj Steel is 9563
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 1773.20 | 1751.30 | 1800.00 | 1740.00 | 1.162 times |
| 22 Mon Jul 2024 | 1751.30 | 1750.00 | 1765.00 | 1717.00 | 0.829 times |
| 19 Fri Jul 2024 | 1769.75 | 1849.00 | 1849.00 | 1740.00 | 1.757 times |
| 18 Thu Jul 2024 | 1748.95 | 1691.00 | 1754.00 | 1661.20 | 1.957 times |
| 16 Tue Jul 2024 | 1724.05 | 1714.00 | 1749.00 | 1656.60 | 0.619 times |
| 15 Mon Jul 2024 | 1701.70 | 1646.05 | 1730.00 | 1614.00 | 0.988 times |
| 12 Fri Jul 2024 | 1666.55 | 1625.00 | 1700.00 | 1603.80 | 0.753 times |
| 11 Thu Jul 2024 | 1621.40 | 1610.00 | 1634.85 | 1580.00 | 0.925 times |
| 10 Wed Jul 2024 | 1586.45 | 1635.00 | 1635.00 | 1555.00 | 0.789 times |
| 09 Tue Jul 2024 | 1607.25 | 1640.00 | 1640.00 | 1600.00 | 0.329 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1754.3, but if it comes below 1754.3, then a intra day sell could be more profitable.
If you take a sell trade below 1754.3, then use 1754.3 as stoploss and 1669.85 as target. However if you take a buy trade in stock , then use 1754.3 as stoploss and 1855.6 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 | 1450.00 |
| Downside Target | 1555.00 |
| Downside Target | 1610.00 |
| Downside Target | 1665.90 |
| Downside Target | 1700.00 |
| Downside Target | 1717.00 |
| Upside Target | 1800.00 |
| Upside Target | 1849.00 |
| Upside Target | 1864.30 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1726.8 |
| Downside Intraday Target | 1680.4 |
| Upside Intraday Target | 1809.8 |
| Upside Intraday Target | 1846.4 |
| Downside Intraday Target | 1763.4 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 1773.20 | 1750.00 | 1800.00 | 1717.00 | 0.374 times |
| 19 Fri Jul 2024 | 1769.75 | 1646.05 | 1849.00 | 1614.00 | 1.382 times |
| 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 |
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 |
| 23 Tue Jul 2024 | 1773.20 | 1666.90 | 1864.30 | 1555.00 | 0.962 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 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 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 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 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 tired and bears 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 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
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 1714.29 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 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 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 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 tired and bears 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 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
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 1714.29 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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