(PanchSteel) Panch Steel complete technical analysis [charts+indicators] | Buy/Sell Panch Steel | (PanchSteel) share price targets
Complete technical analysis of Panch Steel (PanchSteel) by charts plus indicators, forecast predictions and share price targets for Panch Steel (PanchSteel)
Showing technical analysis as on 2024-03-13 View latest technical analysis
10 day averaged volume of Panch Steel is 14657
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 144.25 | 158.80 | 158.80 | 140.00 | 5.594 times |
| 12 Tue Mar 2024 | 152.45 | 152.90 | 164.00 | 145.00 | 7.179 times |
| 11 Mon Mar 2024 | 149.00 | 148.00 | 150.10 | 144.00 | 0.906 times |
| 07 Thu Mar 2024 | 146.60 | 146.15 | 148.95 | 142.50 | 0.102 times |
| 06 Wed Mar 2024 | 143.60 | 146.90 | 146.90 | 142.00 | 0.104 times |
| 05 Tue Mar 2024 | 143.05 | 147.00 | 147.25 | 137.30 | 0.295 times |
| 04 Mon Mar 2024 | 147.50 | 148.00 | 153.00 | 147.00 | 0.508 times |
| 02 Sat Mar 2024 | 151.25 | 153.80 | 153.80 | 150.00 | 0.039 times |
| 01 Fri Mar 2024 | 147.60 | 148.00 | 149.95 | 147.05 | 0.037 times |
| 29 Thu Feb 2024 | 149.00 | 147.50 | 152.50 | 147.25 | 0.021 times |
Stock of Panch Steel (PanchSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 145, but if it comes above 145, then a intra day buy could be more profitable.
If you take a sell trade below 145, then use 145 as stoploss and 141.6 as target. However if you take a buy trade in stock , then use 145 as stoploss and 147.9 as target.
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 118.65 |
| Downside Target | 137.30 |
| Upside Target | 151.90 |
| Upside Target | 157.80 |
| Upside Target | 160.00 |
| Upside Target | 164.00 |
| Upside Target | 164.90 |
| Upside Target | 166.00 |
| Upside Target | 169.90 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 134.83 |
| Downside Intraday Target | 125.42 |
| Upside Intraday Target | 158.83 |
| Upside Intraday Target | 173.42 |
| Upside Intraday Target | 149.42 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 144.25 | 148.00 | 164.00 | 140.00 | 13.571 times |
| 07 Thu Mar 2024 | 146.60 | 148.00 | 153.00 | 137.30 | 1.08 times |
| 02 Sat Mar 2024 | 151.25 | 150.00 | 166.00 | 144.15 | 0.308 times |
| 23 Fri Feb 2024 | 150.50 | 149.00 | 157.80 | 143.20 | 6.945 times |
| 16 Fri Feb 2024 | 143.15 | 142.10 | 151.90 | 140.00 | 0.324 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Panch Steel (PanchSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 144.25 | 148.00 | 164.00 | 137.30 | 2.227 times |
| 29 Thu Feb 2024 | 149.00 | 145.25 | 166.00 | 140.00 | 0.765 times |
| 31 Wed Jan 2024 | 149.00 | 151.95 | 164.90 | 142.20 | 0.972 times |
| 29 Fri Dec 2023 | 149.05 | 154.00 | 169.90 | 138.45 | 0.727 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 Panch Steel (PanchSteel)
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Panch Steel ( (PanchSteel) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Panch Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Panch Steel in short term and the sell signal is strong.
Panch 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Panch 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Panch 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 148.66 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Panch Steel ( (PanchSteel) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Panch Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Panch Steel in short term and the sell signal is strong.
Panch 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Panch 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Panch 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 148.66 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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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