(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 2024-10-10 View latest technical analysis
10 day averaged volume of Bajaj Steel is 32639
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 3317.45 | 3413.00 | 3419.00 | 3306.90 | 0.233 times |
| 09 Wed Oct 2024 | 3358.70 | 3333.05 | 3450.00 | 3333.05 | 0.35 times |
| 08 Tue Oct 2024 | 3333.05 | 3145.00 | 3420.00 | 2920.00 | 0.47 times |
| 07 Mon Oct 2024 | 3138.65 | 3400.00 | 3450.00 | 2750.00 | 0.893 times |
| 03 Thu Oct 2024 | 3320.10 | 3410.55 | 3499.75 | 3153.80 | 1.924 times |
| 01 Tue Oct 2024 | 3350.35 | 3005.00 | 3400.00 | 3000.00 | 2.943 times |
| 30 Mon Sep 2024 | 2931.35 | 2800.00 | 3026.45 | 2780.10 | 2.923 times |
| 27 Fri Sep 2024 | 2522.05 | 2559.95 | 2562.00 | 2509.00 | 0.13 times |
| 26 Thu Sep 2024 | 2514.20 | 2572.20 | 2609.80 | 2495.75 | 0.134 times |
| 25 Wed Sep 2024 | 2587.40 | 2656.00 | 2656.00 | 2560.00 | 0.089 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3152, but if it comes below 3152, then a intra day sell could be more profitable.
If you take a sell trade below 3152, then use 3152 as stoploss and 2828.18 as target. However if you take a buy trade in stock , then use 3152 as stoploss and 3540.5 as target.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1210.60 |
| Downside Target | 1555.00 |
| Downside Target | 1665.90 |
| Downside Target | 1764.30 |
| Downside Target | 1864.30 |
| Downside Target | 1961.25 |
| Downside Target | 2281.00 |
| Downside Target | 2350.00 |
| Downside Target | 2492.40 |
| Downside Target | 2565.50 |
| Downside Target | 2656.00 |
| Downside Target | 2742.95 |
| Downside Target | 3026.45 |
| Upside Target | 3450.00 |
| Upside Target | 3499.75 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 2894.97 |
| Downside Intraday Target | 2472.48 |
| Upside Intraday Target | 3594.97 |
| Upside Intraday Target | 3872.48 |
| Downside Intraday Target | 3172.48 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 3317.45 | 3400.00 | 3450.00 | 2750.00 | 0.25 times |
| 03 Thu Oct 2024 | 3320.10 | 2800.00 | 3499.75 | 2780.10 | 10.163 times |
| 27 Fri Sep 2024 | 2522.05 | 2596.15 | 2656.00 | 2492.40 | 0.851 times |
| 20 Fri Sep 2024 | 2596.15 | 2693.80 | 2742.95 | 2565.50 | 0.409 times |
| 13 Fri Sep 2024 | 2646.40 | 2454.00 | 2798.00 | 2350.00 | 0.902 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 Thu Oct 2024 | 3317.45 | 3005.00 | 3499.75 | 2750.00 | 0.738 times |
| 30 Mon Sep 2024 | 2931.35 | 2172.00 | 3026.45 | 1961.25 | 1.547 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 stronger in this stock.
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 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 3174.64 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 stronger in this stock.
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 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 3174.64 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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