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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 2025-01-16 View latest technical analysis

10 day averaged volume of Bajaj Steel is 32929

Date Daily Closing Price Open High Low Volume
16 Thu Jan 2025 799.95 785.05 812.05 779.00 0.347 times
15 Wed Jan 2025 783.00 800.00 800.00 770.25 0.299 times
14 Tue Jan 2025 783.85 800.00 810.80 765.00 0.503 times
13 Mon Jan 2025 778.90 795.00 824.00 777.00 0.538 times
10 Fri Jan 2025 809.90 831.30 844.95 790.25 0.715 times
09 Thu Jan 2025 830.75 839.00 850.00 825.00 0.39 times
08 Wed Jan 2025 838.20 827.00 850.00 825.05 0.548 times
07 Tue Jan 2025 843.75 855.00 869.95 831.25 0.586 times
06 Mon Jan 2025 832.20 890.00 912.95 816.65 1.528 times
03 Fri Jan 2025 890.50 912.00 920.00 870.00 1.927 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 786.6 as stoploss in an intra day buy trade for a target of 823.92. However, stock will show a bearish move below 786.6.

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 670.00
Downside Target 725.00
Downside Target 758.00
Downside Target 790.00
Upside Target 875.00
Upside Target 912.95
Upside Target 920.00
Upside Target 988.00
Upside Target 1961.25
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 768.63
Downside Intraday Target 737.32
Upside Intraday Target 827.63
Upside Intraday Target 855.32
Downside Intraday Target 796.32

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
16 Thu Jan 2025 799.95 795.00 824.00 765.00 0.448 times
10 Fri Jan 2025 809.90 890.00 912.95 790.25 0.507 times
03 Fri Jan 2025 890.50 800.00 920.00 790.00 3.775 times
27 Fri Dec 2024 791.80 810.25 818.90 758.00 1.021 times
20 Fri Dec 2024 810.25 859.00 875.00 805.00 0.536 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 Thu Jan 2025 799.95 862.95 920.00 765.00 0.563 times
31 Tue Dec 2024 846.50 739.85 988.00 725.00 1.018 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a mid to longer 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.

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 LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term but buying 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 835.86 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a mid to longer 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.

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 LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term but buying 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 835.86 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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