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(MahaSteel) Maha Steel complete technical analysis [charts+indicators] | Buy/Sell Maha Steel | (MahaSteel) share price targets

Complete technical analysis of Maha Steel (MahaSteel) by charts plus indicators, forecast predictions and share price targets for Maha Steel (MahaSteel)

10 day averaged volume of Maha Steel is 6511

Date Daily Closing Price Open High Low Volume
24 Mon Jan 2022 80.50 85.10 85.60 79.20 0.628 times
21 Fri Jan 2022 86.30 87.10 88.50 84.50 0.692 times
20 Thu Jan 2022 88.30 88.50 90.60 86.80 0.214 times
19 Wed Jan 2022 88.70 88.60 90.25 87.05 0.268 times
18 Tue Jan 2022 89.10 88.95 93.15 88.50 1.665 times
17 Mon Jan 2022 87.60 83.85 88.35 82.00 3.982 times
14 Fri Jan 2022 83.25 82.65 83.85 82.10 0.101 times
13 Thu Jan 2022 82.50 81.90 84.50 81.90 0.672 times
12 Wed Jan 2022 82.00 82.50 83.10 81.25 0.531 times
11 Tue Jan 2022 81.80 83.30 83.70 80.15 0.943 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.6, but if it comes above 80.6, then a intra day buy could be more profitable.
If you take a sell trade below 80.6, then use 80.6 as stoploss and 76.9 as target. However if you take a buy trade in stock , then use 80.6 as stoploss and 83.76 as target.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 75.20
Downside Target 77.35
Downside Target 79.20
Upside Target 82.00
Upside Target 84.20
Upside Target 89.10
Upside Target 89.60
Upside Target 89.95
Upside Target 93.15
Upside Target 95.95
Upside Target 98.00
Upside Target 99.90

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 77.93
Downside Intraday Target 75.37
Upside Intraday Target 84.33
Upside Intraday Target 88.17
Upside Intraday Target 81.77

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
24 Mon Jan 2022 80.50 85.10 85.60 79.20 0.092 times
21 Fri Jan 2022 86.30 83.85 93.15 82.00 2.145 times
14 Fri Jan 2022 83.25 84.00 84.50 80.15 0.808 times
07 Fri Jan 2022 83.80 86.05 89.60 82.35 0.852 times
31 Fri Dec 2021 84.35 80.75 84.90 77.35 1.979 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 Maha Steel (MahaSteel)

Date Monthly Closing Price Open High Low Volume
24 Mon Jan 2022 80.50 86.05 93.15 79.20 1.416 times
31 Fri Dec 2021 84.35 80.05 89.95 75.20 1.074 times
30 Tue Nov 2021 80.15 91.95 95.95 75.70 0.631 times
29 Fri Oct 2021 87.70 93.50 98.00 84.20 0.681 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 Maha Steel (MahaSteel)

Indicator Name Indicator Value Indicator Signal
ADX 24, 27, 6 Sell
MACD 1, 1Buy
Stochastics 40None
CCI -81Sell
RSI 49Sell
OBV 17326Sell
VWAP 86Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Maha Steel ( (MahaSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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 Maha Steel ( (MahaSteel) ) 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 Maha Steel ( (MahaSteel) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Maha Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Maha Steel in short term and the buy signal is strong.

Maha 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 SELL signal for Maha 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 negative zone. This is the SELL zone

Stock of Maha 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 86.08 and Maha Steel (MahaSteel) 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 Maha Steel (MahaSteel) stock. Volume based technical analysis of Maha Steel (MahaSteel) stock is negative.

Maha 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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Daily charts

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Daily chart

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