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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 2024-10-31 View latest technical analysis

10 day averaged volume of Bajaj Steel is 6501

Date Daily Closing Price Open High Low Volume
31 Thu Oct 2024 3294.05 3189.00 3309.00 3150.00 1.591 times
30 Wed Oct 2024 3146.50 2985.00 3175.00 2965.55 1.566 times
29 Tue Oct 2024 2939.65 2920.00 2973.70 2891.25 1.011 times
28 Mon Oct 2024 2927.80 2925.00 2999.90 2871.20 0.616 times
25 Fri Oct 2024 2905.70 2974.10 3038.00 2887.00 0.887 times
24 Thu Oct 2024 2974.10 3096.00 3116.90 2950.00 0.919 times
23 Wed Oct 2024 3063.40 2990.00 3156.00 2989.00 0.626 times
22 Tue Oct 2024 3066.35 3176.00 3249.40 3050.00 1.532 times
21 Mon Oct 2024 3218.35 3304.00 3350.00 3187.80 1.034 times
18 Fri Oct 2024 3294.15 3191.85 3304.00 3165.00 0.975 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3305.4 as stoploss in an intra day sell trade for a target of 3165.26. However, stock will show a bullish move above 3305.4.

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 2750.00
Downside Target 2871.20
Downside Target 3026.45
Downside Target 3121.90
Upside Target 3309.00
Upside Target 3350.00
Upside Target 3450.00
Upside Target 3499.75

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 3007.17
Downside Intraday Target 2720.28
Upside Intraday Target 3444.97
Upside Intraday Target 3595.88
Downside Intraday Target 3158.08

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
31 Thu Oct 2024 3294.05 2925.00 3309.00 2871.20 0.957 times
25 Fri Oct 2024 2905.70 3304.00 3350.00 2887.00 1.002 times
18 Fri Oct 2024 3294.15 3258.50 3340.00 3121.90 0.466 times
11 Fri Oct 2024 3258.50 3400.00 3450.00 2750.00 0.274 times
03 Thu Oct 2024 3320.10 2800.00 3499.75 2780.10 10.163 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
31 Thu Oct 2024 3294.05 3005.00 3499.75 2750.00 1.077 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.

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 stronger in this stock.

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 3105.81 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.

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 stronger in this stock.

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 3105.81 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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