(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 2024-12-13 View latest technical analysis
10 day averaged volume of Panch Steel is 1677
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 264.00 | 248.35 | 266.85 | 248.35 | 0.765 times |
| 12 Thu Dec 2024 | 260.45 | 257.65 | 274.45 | 257.00 | 0.707 times |
| 11 Wed Dec 2024 | 257.65 | 240.00 | 270.20 | 233.10 | 3.459 times |
| 09 Mon Dec 2024 | 227.45 | 237.00 | 237.00 | 225.00 | 0.395 times |
| 06 Fri Dec 2024 | 235.00 | 233.95 | 238.00 | 231.00 | 0.725 times |
| 05 Thu Dec 2024 | 236.45 | 240.00 | 240.00 | 236.45 | 0.108 times |
| 04 Wed Dec 2024 | 235.80 | 231.95 | 237.45 | 225.00 | 0.538 times |
| 03 Tue Dec 2024 | 230.85 | 234.95 | 234.95 | 227.25 | 0.556 times |
| 02 Mon Dec 2024 | 234.95 | 238.00 | 238.00 | 223.00 | 0.086 times |
| 29 Fri Nov 2024 | 235.00 | 233.80 | 237.95 | 232.95 | 0.219 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 263.6, but if it comes below 263.6, then a intra day sell could be more profitable.
If you take a sell trade below 263.6, then use 263.6 as stoploss and 246.76 as target. However if you take a buy trade in stock , then use 263.6 as stoploss and 283.7 as target.
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 191.00 |
| Downside Target | 200.00 |
| Downside Target | 218.00 |
| Downside Target | 223.00 |
| Downside Target | 236.60 |
| Upside Target | 265.00 |
| Upside Target | 269.70 |
| Upside Target | 274.00 |
| Upside Target | 274.45 |
| Upside Target | 289.90 |
| Upside Target | 332.00 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 234.52 |
| Downside Intraday Target | 205.03 |
| Upside Intraday Target | 283.97 |
| Upside Intraday Target | 303.93 |
| Downside Intraday Target | 254.48 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 264.00 | 237.00 | 274.45 | 225.00 | 2.646 times |
| 06 Fri Dec 2024 | 235.00 | 238.00 | 240.00 | 223.00 | 0.241 times |
| 29 Fri Nov 2024 | 235.00 | 274.00 | 274.00 | 218.00 | 7.263 times |
| 22 Fri Nov 2024 | 253.75 | 262.00 | 289.90 | 242.05 | 0.163 times |
| 14 Thu Nov 2024 | 274.00 | 295.00 | 332.00 | 265.00 | 0.415 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 Panch Steel (PanchSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 264.00 | 238.00 | 274.45 | 223.00 | 0.212 times |
| 29 Fri Nov 2024 | 235.00 | 251.10 | 332.00 | 218.00 | 0.474 times |
| 31 Thu Oct 2024 | 256.40 | 208.65 | 269.70 | 192.15 | 2.894 times |
| 30 Mon Sep 2024 | 204.50 | 216.20 | 228.95 | 200.00 | 0.584 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Panch Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Panch 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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Panch Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 250.06 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Panch Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Panch 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 in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Panch Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 250.06 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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