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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 2024-08-06 View latest technical analysis

10 day averaged volume of Bajaj Steel is 9794

Date Daily Closing Price Open High Low Volume
06 Tue Aug 2024 2048.60 1935.00 2281.00 1935.00 2.237 times
05 Mon Aug 2024 1901.35 1815.00 1918.90 1764.30 2.312 times
02 Fri Aug 2024 1936.60 2025.00 2025.00 1925.25 1.899 times
01 Thu Aug 2024 1904.55 1850.00 1929.00 1790.00 1.113 times
31 Wed Jul 2024 1822.75 1799.95 1860.00 1786.00 0.977 times
30 Tue Jul 2024 1788.95 1768.00 1820.00 1768.00 0.511 times
29 Mon Jul 2024 1762.75 1750.00 1787.00 1749.90 0.549 times
26 Fri Jul 2024 1750.00 1753.00 1783.90 1749.00 0.57 times
25 Thu Jul 2024 1753.30 1750.00 1788.00 1749.00 0.26 times
24 Wed Jul 2024 1763.80 1773.00 1804.90 1749.00 0.675 times

Stock of Bajaj Steel (BajajSteel) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2012.7, for a target of 1879.9 or 1769.16

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
Downside Target 2025.00
Upside Target 2281.00

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 1781.6
Downside Intraday Target 1514.6
Upside Intraday Target 2298.3
Upside Intraday Target 2548
Downside Intraday Target 2031.3

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
06 Tue Aug 2024 2048.60 1815.00 2281.00 1764.30 0.901 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 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
06 Tue Aug 2024 2048.60 1850.00 2281.00 1764.30 0.317 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 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 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 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 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 1898.83 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 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 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 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 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 1898.83 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.

Click here for Bajaj Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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