(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 2024-12-16 View latest technical analysis
10 day averaged volume of Bajaj Steel is 50519
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 849.70 | 859.00 | 875.00 | 844.95 | 0.279 times |
| 13 Fri Dec 2024 | 858.80 | 830.00 | 875.00 | 810.00 | 0.287 times |
| 12 Thu Dec 2024 | 844.05 | 864.50 | 864.50 | 821.95 | 0.408 times |
| 11 Wed Dec 2024 | 851.15 | 877.20 | 885.00 | 743.55 | 0.79 times |
| 10 Tue Dec 2024 | 867.00 | 881.05 | 894.50 | 855.00 | 0.451 times |
| 09 Mon Dec 2024 | 881.05 | 899.00 | 900.00 | 875.00 | 0.409 times |
| 06 Fri Dec 2024 | 883.55 | 926.00 | 953.60 | 870.00 | 1.057 times |
| 05 Thu Dec 2024 | 899.05 | 954.95 | 975.00 | 865.00 | 1.724 times |
| 04 Wed Dec 2024 | 922.50 | 860.00 | 988.00 | 851.25 | 3.04 times |
| 03 Tue Dec 2024 | 835.60 | 745.00 | 849.90 | 742.15 | 1.275 times |
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 873.4 as stoploss in an intra day sell trade for a target of 809.36. However, stock will show a bullish move above 873.4.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 670.00 |
| Downside Target | 725.00 |
| Downside Target | 743.55 |
| Downside Target | 780.00 |
| Downside Target | 839.00 |
| Upside Target | 875.00 |
| Upside Target | 900.00 |
| 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 | 3499.75 |
| Upside Target | 3724.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 838.1 |
| Downside Intraday Target | 826.5 |
| Upside Intraday Target | 868.15 |
| Upside Intraday Target | 886.6 |
| Upside Intraday Target | 856.55 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 849.70 | 859.00 | 875.00 | 844.95 | 0.119 times |
| 13 Fri Dec 2024 | 858.80 | 899.00 | 900.00 | 743.55 | 0.306 times |
| 06 Fri Dec 2024 | 883.55 | 739.85 | 988.00 | 725.00 | 2.748 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 |
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 |
| 16 Mon Dec 2024 | 849.70 | 739.85 | 988.00 | 725.00 | 0.781 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 but selling is losing 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 885.32 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 but selling is losing 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 885.32 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 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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