(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)
10 day averaged volume of Panch Steel is 9092
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 129.00 | 132.00 | 132.00 | 127.00 | 0.054 times |
| 28 Tue Mar 2023 | 129.35 | 127.00 | 147.80 | 125.00 | 4.744 times |
| 27 Mon Mar 2023 | 125.00 | 126.00 | 130.00 | 123.00 | 1.068 times |
| 24 Fri Mar 2023 | 125.00 | 127.00 | 130.00 | 123.15 | 0.882 times |
| 23 Thu Mar 2023 | 124.75 | 125.00 | 127.00 | 120.00 | 1.164 times |
| 22 Wed Mar 2023 | 121.95 | 120.00 | 123.80 | 120.00 | 0.775 times |
| 21 Tue Mar 2023 | 119.30 | 121.85 | 125.75 | 117.65 | 0.088 times |
| 20 Mon Mar 2023 | 119.90 | 125.00 | 126.90 | 119.00 | 0.198 times |
| 17 Fri Mar 2023 | 122.30 | 126.00 | 130.00 | 122.00 | 0.168 times |
| 16 Thu Mar 2023 | 123.30 | 127.00 | 127.00 | 121.00 | 0.909 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 128.8, but if it comes below 128.8, then a intra day sell could be more profitable.
If you take a sell trade below 128.8, then use 128.8 as stoploss and 125.59 as target. However if you take a buy trade in stock , then use 128.8 as stoploss and 132.7 as target.
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 117.65 |
| Downside Target | 121.00 |
| Downside Target | 127.30 |
| Upside Target | 129.90 |
| Upside Target | 132.10 |
| Upside Target | 135.15 |
| Upside Target | 146.00 |
| Upside Target | 147.80 |
| Upside Target | 149.80 |
| Upside Target | 157.50 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 118.73 |
| Downside Intraday Target | 108.47 |
| Upside Intraday Target | 143.53 |
| Upside Intraday Target | 158.07 |
| Upside Intraday Target | 133.27 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 129.00 | 126.00 | 147.80 | 123.00 | 1.888 times |
| 24 Fri Mar 2023 | 125.00 | 125.00 | 130.00 | 117.65 | 2.744 times |
| 17 Fri Mar 2023 | 122.30 | 132.00 | 132.00 | 121.00 | 1.213 times |
| 10 Fri Mar 2023 | 130.55 | 126.00 | 131.45 | 124.00 | 2.286 times |
| 03 Fri Mar 2023 | 124.95 | 127.80 | 129.90 | 121.00 | 0.816 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 |
| 29 Wed Mar 2023 | 129.00 | 124.00 | 147.80 | 117.65 | 2.715 times |
| 28 Tue Feb 2023 | 121.70 | 146.00 | 146.00 | 121.00 | 1.028 times |
| 31 Tue Jan 2023 | 141.55 | 144.90 | 149.80 | 135.15 | 0.663 times |
| 30 Fri Dec 2022 | 138.50 | 146.85 | 149.80 | 127.30 | 0.37 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Panch Steel (PanchSteel)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 31, 9, 54 | Buy |
| MACD | -3, -4 | Buy |
| Stochastics | 44 | None |
| CCI | 94 | Sell |
| RSI | 46 | Sell |
| OBV | 65455 | Sell |
| VWAP | 126 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 mid to longer term time period is
ADX buy sell signal for Panch Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Panch 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.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Panch Steel in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 126.46 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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