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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)

Showing technical analysis as on 2022-04-28 View latest technical analysis

10 day averaged volume of Maha Steel is 5640

Date Daily Closing Price Open High Low Volume
28 Thu Apr 2022 82.00 82.05 84.70 81.00 0.31 times
27 Wed Apr 2022 82.30 84.05 84.05 80.70 0.535 times
26 Tue Apr 2022 83.75 82.85 85.50 82.80 0.34 times
25 Mon Apr 2022 85.30 87.05 89.80 84.95 1.982 times
22 Fri Apr 2022 87.90 94.00 94.00 87.00 0.517 times
21 Thu Apr 2022 87.25 90.00 90.00 83.15 1.117 times
20 Wed Apr 2022 84.70 85.45 86.70 83.05 0.209 times
19 Tue Apr 2022 84.95 88.25 90.35 83.05 1.979 times
18 Mon Apr 2022 86.00 89.20 89.25 85.55 0.47 times
13 Wed Apr 2022 89.15 85.50 91.75 83.40 1.914 times

My analysis of stock is bullish for shortterm, and stock might move up till 87.3 or till 94.1. Use a stoploss of 81.58 and if this stock hits its stoploss, then it can fall down till 75.9

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 65.10
Downside Target 67.50
Downside Target 69.60
Downside Target 75.20
Downside Target 77.35
Downside Target 80.70
Upside Target 86.90
Upside Target 89.80
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 78.53
Downside Intraday Target 75.07
Upside Intraday Target 87.63
Upside Intraday Target 93.27
Upside Intraday Target 84.17

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
28 Thu Apr 2022 82.00 87.05 89.80 80.70 0.738 times
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

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
28 Thu Apr 2022 82.00 71.05 94.00 70.80 1.388 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 28, 16, 27 Buy
MACD 4, 4Sell
Stochastics 12Sell
CCI -114Buy
RSI 61Buy
OBV -2933Sell
VWAP 86Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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

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 SELL signal for Maha Steel in short term but the sell signal is initial and weak.

Maha Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 buy signal for Maha Steel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 86.07 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 has given negative 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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