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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 2024-09-10 View latest technical analysis

10 day averaged volume of Bajaj Steel is 12099

Date Daily Closing Price Open High Low Volume
10 Tue Sep 2024 2420.35 2481.00 2481.00 2402.05 1.413 times
09 Mon Sep 2024 2448.35 2454.00 2485.00 2350.00 0.89 times
06 Fri Sep 2024 2430.95 2200.00 2445.00 2200.00 2.848 times
05 Thu Sep 2024 2196.95 2125.00 2225.00 2125.00 1.082 times
04 Wed Sep 2024 2117.40 2025.00 2139.00 1961.25 0.761 times
03 Tue Sep 2024 2026.20 2170.00 2170.00 2010.00 1.116 times
02 Mon Sep 2024 2147.90 2172.00 2199.95 2130.00 0.78 times
30 Fri Aug 2024 2117.00 2045.00 2120.00 2032.00 0.865 times
29 Thu Aug 2024 2025.90 2002.00 2039.70 2002.00 0.483 times
28 Wed Aug 2024 2001.35 1993.90 2051.95 1984.95 0.64 times

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 2437.5, for a target of 2248.1 or 2090.2

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 1210.60
Downside Target 1240.00
Downside Target 1555.00
Downside Target 1617.70
Downside Target 1665.90
Downside Target 1764.30
Downside Target 1864.30
Downside Target 1915.00
Downside Target 2097.80
Downside Target 2190.00
Downside Target 2281.00
Downside Target 2350.00
Upside Target 2445.00
Upside Target 2485.00

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 2351.9
Downside Intraday Target 2283.45
Upside Intraday Target 2486.9
Upside Intraday Target 2553.45
Downside Intraday Target 2418.45

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
10 Tue Sep 2024 2420.35 2454.00 2485.00 2350.00 0.35 times
06 Fri Sep 2024 2430.95 2172.00 2445.00 1961.25 2.366 times
30 Fri Aug 2024 2117.00 2045.00 2120.00 1961.00 1.101 times
23 Fri Aug 2024 2021.10 2050.00 2097.80 1915.00 1.463 times
16 Fri Aug 2024 2025.90 2170.00 2190.00 1931.00 0.261 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
10 Tue Sep 2024 2420.35 2172.00 2485.00 1961.25 0.552 times
30 Fri Aug 2024 2117.00 1850.00 2281.00 1764.30 0.835 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

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 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

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 2255.71 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 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

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 2255.71 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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