(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 2024-12-04 View latest technical analysis
10 day averaged volume of Bajaj Steel is 33551
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 922.50 | 860.00 | 988.00 | 851.25 | 4.578 times |
| 03 Tue Dec 2024 | 835.60 | 745.00 | 849.90 | 742.15 | 1.92 times |
| 02 Mon Dec 2024 | 742.25 | 739.85 | 746.00 | 725.00 | 0.841 times |
| 29 Fri Nov 2024 | 737.35 | 748.00 | 748.00 | 706.90 | 0.616 times |
| 28 Thu Nov 2024 | 737.45 | 724.00 | 739.00 | 722.85 | 0.646 times |
| 27 Wed Nov 2024 | 730.45 | 740.90 | 740.90 | 670.00 | 1.274 times |
| 26 Tue Nov 2024 | 727.40 | 740.00 | 759.60 | 711.55 | 0.653 times |
| 25 Mon Nov 2024 | 736.10 | 773.05 | 780.00 | 734.00 | 1.006 times |
| 22 Fri Nov 2024 | 766.75 | 771.95 | 778.90 | 761.00 | 0.594 times |
| 21 Thu Nov 2024 | 763.10 | 762.90 | 779.00 | 751.55 | 0.854 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 306.5 or till -1077.6. Use a stoploss of 1459.85 and if the stock hits stoploss, then it can shoot up till 2613.24
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 670.00 |
| Downside Target | 725.00 |
| Downside Target | 751.25 |
| Downside Target | 780.00 |
| Downside Target | 839.00 |
| Upside Target | 988.00 |
| 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 | 769 |
| Downside Intraday Target | 615.5 |
| Upside Intraday Target | 1032 |
| Upside Intraday Target | 1141.5 |
| Downside Intraday Target | 878.5 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 922.50 | 739.85 | 988.00 | 725.00 | 1.749 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, 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 |
| 04 Wed Dec 2024 | 922.50 | 739.85 | 988.00 | 725.00 | 0.37 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 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 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 to mid 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 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 losing momentum.
MACD generated a BUY signal for Bajaj Steel in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Bajaj Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 819.26 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 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 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 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 to mid 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 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 losing momentum.
MACD generated a BUY signal for Bajaj Steel in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Bajaj Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 819.26 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 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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