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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 2022-07-22 View latest technical analysis

10 day averaged volume of Maha Steel is 3279

Date Daily Closing Price Open High Low Volume
22 Fri Jul 2022 68.10 68.70 68.70 67.50 0.012 times
21 Thu Jul 2022 68.50 68.30 71.45 67.00 2.317 times
20 Wed Jul 2022 69.85 67.15 71.00 65.95 3.15 times
19 Tue Jul 2022 65.90 65.00 66.50 65.00 0.26 times
18 Mon Jul 2022 65.75 65.00 66.25 65.00 0.214 times
15 Fri Jul 2022 64.50 66.95 66.95 63.60 0.471 times
14 Thu Jul 2022 66.55 66.25 68.50 62.70 1.04 times
13 Wed Jul 2022 65.95 60.25 68.00 60.25 2.104 times
12 Tue Jul 2022 62.95 62.90 63.15 62.25 0.161 times
11 Mon Jul 2022 63.00 60.55 63.40 60.55 0.122 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66.7, but if it comes below 66.7, then a intra day sell could be more profitable.
If you take a sell trade below 66.7, then use 66.7 as stoploss and 63.9 as target. However if you take a buy trade in stock , then use 66.7 as stoploss and 70 as target.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 60.00
Downside Target 63.75
Downside Target 67.50
Upside Target 70.80
Upside Target 71.45
Upside Target 73.00
Upside Target 73.30
Upside Target 78.15
Upside Target 82.65
Upside Target 94.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 64.92
Downside Intraday Target 61.73
Upside Intraday Target 71.37
Upside Intraday Target 74.63
Upside Intraday Target 68.18

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
22 Fri Jul 2022 68.10 65.00 71.45 65.00 1.528 times
15 Fri Jul 2022 64.50 60.55 68.50 60.25 1.21 times
08 Fri Jul 2022 63.05 61.30 64.90 60.00 0.575 times
01 Fri Jul 2022 61.30 60.70 63.75 60.25 0.517 times
24 Fri Jun 2022 61.35 71.95 73.00 60.00 2.398 times

Price has moved up 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
22 Fri Jul 2022 68.10 60.30 71.45 60.00 0.52 times
30 Thu Jun 2022 60.55 68.05 73.30 60.00 1.07 times
31 Tue May 2022 69.25 82.05 82.65 60.50 0.789 times
29 Fri Apr 2022 80.70 71.05 94.00 70.80 1.415 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 29, 5, 73 Buy
MACD 1, -1Buy
Stochastics 78Buy
CCI 88Sell
RSI 59Buy
OBV 19652Sell
VWAP 68Buy
ADL 0Sell
ROC 8Buy
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 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

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Maha Steel in short term but SELL 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

Although the stock is in the BUY zone, but buying 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 67.7 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

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Daily chart

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