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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 4758

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 68.60 69.05 70.10 68.05 0.367 times
05 Mon Dec 2022 69.70 69.15 70.15 68.30 0.216 times
02 Fri Dec 2022 69.80 69.20 73.15 68.25 1.773 times
01 Thu Dec 2022 69.00 68.90 69.40 68.25 0.408 times
30 Wed Nov 2022 68.50 69.55 70.45 67.30 0.978 times
29 Tue Nov 2022 69.70 69.50 71.00 69.30 1.01 times
28 Mon Nov 2022 69.75 67.60 70.20 67.60 1.139 times
25 Fri Nov 2022 69.05 68.20 69.80 68.20 0.92 times
24 Thu Nov 2022 67.50 67.70 69.45 66.95 3.129 times
23 Wed Nov 2022 67.80 71.50 71.50 65.15 0.188 times

My analysis of stock is bearish for shortterm, and stock might move down till 67.7 or till 66.5. Use a stoploss of 68.81 and if the stock hits stoploss, then it can shoot up till 69.88

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 57.80
Downside Target 63.55
Downside Target 65.15
Upside Target 70.15
Upside Target 71.50
Upside Target 72.75
Upside Target 73.15
Upside Target 74.00
Upside Target 74.15
Upside Target 79.70

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 67.72
Downside Intraday Target 66.83
Upside Intraday Target 69.82
Upside Intraday Target 71.03
Upside Intraday Target 68.93

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 68.60 69.15 70.15 68.05 0.11 times
02 Fri Dec 2022 69.80 67.60 73.15 67.30 1.047 times
25 Fri Nov 2022 69.05 68.85 71.50 65.15 2.537 times
18 Fri Nov 2022 68.65 69.55 70.50 67.00 0.547 times
11 Fri Nov 2022 69.75 68.55 72.75 67.95 1.786 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
06 Tue Dec 2022 68.60 68.90 73.15 68.05 0.175 times
30 Wed Nov 2022 68.50 69.40 72.75 65.15 2.032 times
31 Mon Oct 2022 69.15 72.30 74.15 63.55 0.473 times
30 Fri Sep 2022 72.10 68.25 79.70 66.30 1.373 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 Maha Steel (MahaSteel)

Indicator Name Indicator Value Indicator Signal
ADX 22, 16, 17 Buy
MACD 0, -0Buy
Stochastics 53None
CCI -18Sell
RSI 51Buy
OBV -11642Sell
VWAP 69Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Maha Steel ( (MahaSteel) ) 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 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 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 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 BUY. 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. Bulls are getting tired and bears are picking up momentum.

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 Maha Steel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 68.77 and Maha Steel (MahaSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.

Click here for Maha Steel charts

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Daily charts

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Daily chart

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