(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 2024-12-02 View latest technical analysis
10 day averaged volume of Bajaj Steel is 37464
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 742.25 | 739.85 | 746.00 | 725.00 | 0.753 times |
| 29 Fri Nov 2024 | 737.35 | 748.00 | 748.00 | 706.90 | 0.552 times |
| 28 Thu Nov 2024 | 737.45 | 724.00 | 739.00 | 722.85 | 0.578 times |
| 27 Wed Nov 2024 | 730.45 | 740.90 | 740.90 | 670.00 | 1.141 times |
| 26 Tue Nov 2024 | 727.40 | 740.00 | 759.60 | 711.55 | 0.585 times |
| 25 Mon Nov 2024 | 736.10 | 773.05 | 780.00 | 734.00 | 0.901 times |
| 22 Fri Nov 2024 | 766.75 | 771.95 | 778.90 | 761.00 | 0.532 times |
| 21 Thu Nov 2024 | 763.10 | 762.90 | 779.00 | 751.55 | 0.765 times |
| 19 Tue Nov 2024 | 762.90 | 791.00 | 800.00 | 751.25 | 1.43 times |
| 18 Mon Nov 2024 | 791.05 | 810.80 | 839.00 | 781.00 | 1.53 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 438.9 as stoploss in an intra day buy trade for a target of 1724.22. However, stock will show a bearish move below 438.9.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 670.00 |
| Downside Target | 725.00 |
| Upside Target | 746.00 |
| Upside Target | 780.00 |
| Upside Target | 839.00 |
| Upside Target | 1764.30 |
| Upside Target | 1961.25 |
| Upside Target | 2281.00 |
| Upside Target | 2750.00 |
| Upside Target | 3026.45 |
| Upside Target | 3425.00 |
| Upside Target | 3499.75 |
| Upside Target | 3535.00 |
| Upside Target | 3724.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 729.5 |
| Downside Intraday Target | 716.75 |
| Upside Intraday Target | 750.5 |
| Upside Intraday Target | 758.75 |
| Downside Intraday Target | 737.75 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Dec 2024 | 742.25 | 739.85 | 746.00 | 725.00 | 0.2 times |
| 29 Fri Nov 2024 | 737.35 | 773.05 | 780.00 | 670.00 | 0.883 times |
| 22 Fri Nov 2024 | 766.75 | 810.80 | 839.00 | 751.25 | 0.63 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 |
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 |
| 02 Mon Dec 2024 | 742.25 | 739.85 | 746.00 | 725.00 | 0.042 times |
| 29 Fri Nov 2024 | 737.35 | 3400.00 | 3724.00 | 670.00 | 2.048 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 |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 neutral. A longer time frame might give a better analysis.
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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 753.66 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 neutral. A longer time frame might give a better analysis.
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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 753.66 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.
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