(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 2024-11-11 View latest technical analysis
10 day averaged volume of Bajaj Steel is 14241
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 3418.25 | 3530.00 | 3535.00 | 3215.00 | 2.423 times |
| 08 Fri Nov 2024 | 3445.85 | 3530.00 | 3530.00 | 3435.00 | 1.491 times |
| 07 Thu Nov 2024 | 3455.20 | 3450.00 | 3519.95 | 3425.00 | 0.815 times |
| 06 Wed Nov 2024 | 3448.70 | 3520.00 | 3600.00 | 3430.00 | 1.273 times |
| 05 Tue Nov 2024 | 3505.60 | 3640.00 | 3640.00 | 3480.00 | 1.228 times |
| 04 Mon Nov 2024 | 3533.40 | 3724.00 | 3724.00 | 3435.00 | 1.923 times |
| 01 Fri Nov 2024 | 3512.20 | 3400.00 | 3619.00 | 3376.45 | 1.086 times |
| 31 Thu Oct 2024 | 3294.05 | 3189.00 | 3309.00 | 3150.00 | 0.726 times |
| 30 Wed Oct 2024 | 3146.50 | 2985.00 | 3175.00 | 2965.55 | 0.715 times |
| 29 Tue Oct 2024 | 2939.65 | 2920.00 | 2973.70 | 2891.25 | 0.462 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3441.1 as stoploss in an intra day sell trade for a target of 3234.8. However, stock will show a bullish move above 3441.1.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1555.00 |
| 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 |
| Downside Target | 3215.00 |
| Downside Target | 3340.00 |
| Upside Target | 3425.00 |
| Upside Target | 3499.75 |
| Upside Target | 3619.00 |
| Upside Target | 3724.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 3243.83 |
| Downside Intraday Target | 3069.42 |
| Upside Intraday Target | 3563.83 |
| Upside Intraday Target | 3709.42 |
| Downside Intraday Target | 3389.42 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 3418.25 | 3530.00 | 3535.00 | 3215.00 | 0.36 times |
| 08 Fri Nov 2024 | 3445.85 | 3724.00 | 3724.00 | 3425.00 | 2.058 times |
| 01 Fri Nov 2024 | 3512.20 | 2925.00 | 3619.00 | 2871.20 | 1.433 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 |
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 |
| 11 Mon Nov 2024 | 3418.25 | 3400.00 | 3724.00 | 3215.00 | 0.449 times |
| 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 |
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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.
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 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 3421.16 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.
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 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 3421.16 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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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