(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)
Showing technical analysis as on 2021-11-25 View latest technical analysis
10 day averaged volume of Maha Steel is 3623
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Nov 2021 | 84.90 | 83.20 | 84.90 | 81.05 | 0.659 times |
| 24 Wed Nov 2021 | 84.00 | 83.65 | 85.20 | 83.65 | 0.437 times |
| 23 Tue Nov 2021 | 83.60 | 82.15 | 86.65 | 81.95 | 0.386 times |
| 22 Mon Nov 2021 | 82.80 | 85.95 | 86.20 | 80.95 | 2.436 times |
| 18 Thu Nov 2021 | 85.95 | 86.80 | 88.90 | 85.80 | 0.045 times |
| 17 Wed Nov 2021 | 86.80 | 87.90 | 88.30 | 86.55 | 1.03 times |
| 16 Tue Nov 2021 | 87.05 | 95.95 | 95.95 | 86.45 | 0.238 times |
| 15 Mon Nov 2021 | 88.25 | 89.70 | 89.70 | 87.90 | 0.144 times |
| 12 Fri Nov 2021 | 89.80 | 87.30 | 91.75 | 87.30 | 4.278 times |
| 11 Thu Nov 2021 | 89.05 | 88.85 | 89.75 | 86.65 | 0.334 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.4, but if it comes above 85.4, then a intra day buy could be more profitable.
If you take a sell trade below 85.4, then use 85.4 as stoploss and 82.9 as target. However if you take a buy trade in stock , then use 85.4 as stoploss and 87.48 as target.
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 80.95 |
| Downside Target | 84.20 |
| Upside Target | 89.10 |
| Upside Target | 91.95 |
| Upside Target | 93.30 |
| Upside Target | 95.95 |
| Upside Target | 98.00 |
| Upside Target | 99.90 |
| Upside Target | 116.55 |
| Upside Target | 120.80 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 81.68 |
| Downside Intraday Target | 78.47 |
| Upside Intraday Target | 87.38 |
| Upside Intraday Target | 89.87 |
| Downside Intraday Target | 84.17 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Nov 2021 | 84.90 | 85.95 | 86.65 | 80.95 | 2.69 times |
| 18 Thu Nov 2021 | 85.95 | 89.70 | 95.95 | 85.80 | 0.219 times |
| 12 Fri Nov 2021 | 89.80 | 91.05 | 91.95 | 86.60 | 5.106 times |
| 04 Thu Nov 2021 | 88.20 | 91.95 | 91.95 | 85.55 | 0.159 times |
| 29 Fri Oct 2021 | 87.70 | 88.75 | 93.30 | 84.20 | 2.024 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 Maha Steel (MahaSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Thu Nov 2021 | 84.90 | 91.95 | 95.95 | 80.95 | 0.488 times |
| 29 Fri Oct 2021 | 87.70 | 93.50 | 98.00 | 84.20 | 0.681 times |
| 30 Thu Sep 2021 | 93.40 | 93.40 | 99.90 | 89.10 | 0.517 times |
| 31 Tue Aug 2021 | 92.05 | 113.00 | 116.55 | 86.50 | 0.494 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 | 19, 25, 13 | Sell |
| MACD | -3, -3 | Sell |
| Stochastics | 21 | Sell |
| CCI | -89 | Sell |
| RSI | 48 | Sell |
| OBV | 6822 | Sell |
| VWAP | 87 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Maha Steel ( (MahaSteel) ) 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 Maha Steel ( (MahaSteel) ) 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 Maha Steel ( (MahaSteel) ) based on a short to mid 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 Maha Steel ( (MahaSteel) ) 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 Maha Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Maha Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Maha 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 in or above the red cloud Prices appear to be moving up
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Maha 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 86.84 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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