Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-04-22 View latest technical analysis

10 day averaged volume of Maha Steel is 6405

Date Daily Closing Price Open High Low Volume
22 Fri Apr 2022 87.90 94.00 94.00 87.00 0.455 times
21 Thu Apr 2022 87.25 90.00 90.00 83.15 0.983 times
20 Wed Apr 2022 84.70 85.45 86.70 83.05 0.184 times
19 Tue Apr 2022 84.95 88.25 90.35 83.05 1.743 times
18 Mon Apr 2022 86.00 89.20 89.25 85.55 0.414 times
13 Wed Apr 2022 89.15 85.50 91.75 83.40 1.686 times
12 Tue Apr 2022 84.55 82.75 85.95 82.15 0.824 times
11 Mon Apr 2022 84.00 84.80 84.85 82.15 0.702 times
08 Fri Apr 2022 84.55 80.00 86.90 80.00 1.93 times
07 Thu Apr 2022 79.85 80.35 82.00 78.60 0.936 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 86, but if it comes below 86, then a intra day sell could be more profitable.
If you take a sell trade below 86, then use 86 as stoploss and 79.21 as target. However if you take a buy trade in stock , then use 86 as stoploss and 94.1 as target.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 65.10
Downside Target 67.50
Downside Target 69.60
Downside Target 74.95
Downside Target 77.35
Downside Target 82.15
Downside Target 86.90
Upside Target 89.95
Upside Target 91.75
Upside Target 93.15
Upside Target 94.00
Upside Target 95.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 82.63
Downside Intraday Target 77.37
Upside Intraday Target 93.58
Upside Intraday Target 99.27
Upside Intraday Target 88.32

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
22 Fri Apr 2022 87.90 89.20 94.00 83.05 1.177 times
13 Wed Apr 2022 89.15 84.80 91.75 82.15 0.614 times
08 Fri Apr 2022 84.55 72.15 86.90 72.15 1.267 times
01 Fri Apr 2022 71.45 72.50 72.80 69.60 1.218 times
25 Fri Mar 2022 71.60 74.60 74.95 70.25 1.624 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
22 Fri Apr 2022 87.90 71.05 94.00 70.80 1.139 times
31 Thu Mar 2022 70.00 73.00 78.15 67.50 0.85 times
28 Mon Feb 2022 71.10 85.25 95.00 65.10 0.813 times
31 Mon Jan 2022 84.95 86.05 93.15 77.35 1.549 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 37, 7, 70 Buy
MACD 5, 4Buy
Stochastics 63None
CCI 134Buy
RSI 62Buy
OBV 21058Sell
VWAP 85Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Maha Steel ( (MahaSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Maha Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Maha 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.

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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Maha Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 85.41 and Maha Steel (MahaSteel) 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme