(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 2024-08-05 View latest technical analysis
10 day averaged volume of Bajaj Steel is 8322
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 1901.35 | 1815.00 | 1918.90 | 1764.30 | 2.721 times |
| 02 Fri Aug 2024 | 1936.60 | 2025.00 | 2025.00 | 1925.25 | 2.234 times |
| 01 Thu Aug 2024 | 1904.55 | 1850.00 | 1929.00 | 1790.00 | 1.31 times |
| 31 Wed Jul 2024 | 1822.75 | 1799.95 | 1860.00 | 1786.00 | 1.15 times |
| 30 Tue Jul 2024 | 1788.95 | 1768.00 | 1820.00 | 1768.00 | 0.601 times |
| 29 Mon Jul 2024 | 1762.75 | 1750.00 | 1787.00 | 1749.90 | 0.646 times |
| 26 Fri Jul 2024 | 1750.00 | 1753.00 | 1783.90 | 1749.00 | 0.67 times |
| 25 Thu Jul 2024 | 1753.30 | 1750.00 | 1788.00 | 1749.00 | 0.306 times |
| 24 Wed Jul 2024 | 1763.80 | 1773.00 | 1804.90 | 1749.00 | 0.794 times |
| 23 Tue Jul 2024 | 1773.20 | 1751.30 | 1800.00 | 1740.00 | 1.335 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant fall. This could be a good time to exit from 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 1842.9, but if it comes below 1842.9, then a intra day sell could be more profitable.
If you take a sell trade below 1842.9, then use 1842.9 as stoploss and 1747.15 as target. However if you take a buy trade in stock , then use 1842.9 as stoploss and 1957.8 as target.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1150.00 |
| Downside Target | 1210.60 |
| Downside Target | 1240.00 |
| Downside Target | 1320.00 |
| Downside Target | 1555.00 |
| Downside Target | 1614.00 |
| Downside Target | 1665.90 |
| Downside Target | 1700.00 |
| Downside Target | 1804.90 |
| Downside Target | 1849.00 |
| Downside Target | 1864.30 |
| Upside Target | 1918.90 |
| Upside Target | 2025.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1804.13 |
| Downside Intraday Target | 1706.92 |
| Upside Intraday Target | 1958.73 |
| Upside Intraday Target | 2016.12 |
| Downside Intraday Target | 1861.52 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 1901.35 | 1815.00 | 1918.90 | 1764.30 | 0.458 times |
| 02 Fri Aug 2024 | 1936.60 | 1750.00 | 2025.00 | 1749.90 | 1.464 times |
| 26 Fri Jul 2024 | 1750.00 | 1750.00 | 1804.90 | 1717.00 | 0.664 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 |
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 Mon Aug 2024 | 1901.35 | 1850.00 | 2025.00 | 1764.30 | 0.223 times |
| 31 Wed Jul 2024 | 1822.75 | 1666.90 | 1864.30 | 1555.00 | 1.129 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 |
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 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 losing 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 coming down
CCI has generated a SELL signal for Bajaj Steel in short term but SELL 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 1851.08 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 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 losing 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 coming down
CCI has generated a SELL signal for Bajaj Steel in short term but SELL 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 1851.08 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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