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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 2024-11-13 View latest technical analysis

10 day averaged volume of Bajaj Steel is 27825

Date Daily Closing Price Open High Low Volume
13 Wed Nov 2024 897.05 914.00 921.25 871.25 1.162 times
12 Tue Nov 2024 921.25 875.50 982.00 875.50 4.022 times
11 Mon Nov 2024 3418.25 3530.00 3535.00 3215.00 1.24 times
08 Fri Nov 2024 3445.85 3530.00 3530.00 3435.00 0.763 times
07 Thu Nov 2024 3455.20 3450.00 3519.95 3425.00 0.417 times
06 Wed Nov 2024 3448.70 3520.00 3600.00 3430.00 0.651 times
05 Tue Nov 2024 3505.60 3640.00 3640.00 3480.00 0.628 times
04 Mon Nov 2024 3533.40 3724.00 3724.00 3435.00 0.984 times
01 Fri Nov 2024 3512.20 3400.00 3619.00 3376.45 0.556 times
31 Thu Oct 2024 3294.05 3189.00 3309.00 3150.00 0.372 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1403.9, for a target of 2278.8 or 3007.97

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 871.25
Upside Target 1555.00
Upside Target 1764.30
Upside Target 1864.30
Upside Target 1961.25
Upside Target 2281.00
Upside Target 2750.00
Upside Target 2871.20
Upside Target 3026.45
Upside Target 3121.90
Upside 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 0.53
Downside Intraday Target -895.98
Upside Intraday Target 2664.28
Upside Intraday Target 4431.52
Upside Intraday Target 1767.77

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
13 Wed Nov 2024 897.05 3530.00 3535.00 871.25 1.865 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bajaj Steel (BajajSteel)

Date Monthly Closing Price Open High Low Volume
13 Wed Nov 2024 897.05 3400.00 3724.00 871.25 0.894 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 down 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bajaj Steel in short term and the sell signal is strong.

Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2238.13 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bajaj Steel in short term and the sell signal is strong.

Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2238.13 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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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Daily chart
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