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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 2024-11-21 View latest technical analysis

10 day averaged volume of Bajaj Steel is 43251

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 763.10 762.90 779.00 751.55 0.663 times
19 Tue Nov 2024 762.90 791.00 800.00 751.25 1.239 times
18 Mon Nov 2024 791.05 810.80 839.00 781.00 1.325 times
14 Thu Nov 2024 852.10 834.10 859.75 786.80 1.721 times
13 Wed Nov 2024 897.05 914.00 921.25 871.25 0.747 times
12 Tue Nov 2024 921.25 875.50 982.00 875.50 2.587 times
11 Mon Nov 2024 3418.25 3530.00 3535.00 3215.00 0.798 times
08 Fri Nov 2024 3445.85 3530.00 3530.00 3435.00 0.491 times
07 Thu Nov 2024 3455.20 3450.00 3519.95 3425.00 0.268 times
06 Wed Nov 2024 3448.70 3520.00 3600.00 3430.00 0.419 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1398.7, but if it comes above 1398.7, then a intra day buy could be more profitable.
If you take a sell trade below 1398.7, then use 1398.7 as stoploss and 43.6 as target. However if you take a buy trade in stock , then use 1398.7 as stoploss and 2527.89 as target.

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 751.25
Upside Target 786.80
Upside Target 839.00
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 3350.00
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 729.9
Downside Intraday Target 696.7
Upside Intraday Target 817.65
Upside Intraday Target 872.2
Upside Intraday Target 784.45

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 763.10 810.80 839.00 751.25 0.551 times
14 Thu Nov 2024 852.10 3530.00 3535.00 786.80 2.641 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

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
21 Thu Nov 2024 763.10 3400.00 3724.00 751.25 1.553 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, and volume has increased substantially. This means that the move can 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 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 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 losing 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 moving up

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 and selling is picking up 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 1346.36 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 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 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 losing 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 moving up

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 and selling is picking up 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 1346.36 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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