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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 2022-07-25 View latest technical analysis

10 day averaged volume of Maha Steel is 3230

Date Daily Closing Price Open High Low Volume
25 Mon Jul 2022 66.50 66.25 68.10 65.80 0.59 times
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 2.352 times
20 Wed Jul 2022 69.85 67.15 71.00 65.95 3.198 times
19 Tue Jul 2022 65.90 65.00 66.50 65.00 0.264 times
18 Mon Jul 2022 65.75 65.00 66.25 65.00 0.218 times
15 Fri Jul 2022 64.50 66.95 66.95 63.60 0.478 times
14 Thu Jul 2022 66.55 66.25 68.50 62.70 1.056 times
13 Wed Jul 2022 65.95 60.25 68.00 60.25 2.136 times
12 Tue Jul 2022 62.95 62.90 63.15 62.25 0.163 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66.9 as stoploss in an intra day sell trade for a target of 64.11. However, stock will show a bullish move above 66.9.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 60.00
Downside Target 63.75
Upside Target 67.50
Upside Target 68.50
Upside Target 70.80
Upside Target 71.45
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 65.5
Downside Intraday Target 64.5
Upside Intraday Target 67.8
Upside Intraday Target 69.1
Upside Intraday Target 66.8

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
25 Mon Jul 2022 66.50 66.25 68.10 65.80 0.098 times
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

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
25 Mon Jul 2022 66.50 60.30 71.45 60.00 0.542 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 27, 10, 47 Buy
MACD 1, -0Buy
Stochastics 67None
CCI 23Sell
RSI 58Buy
OBV 15004Sell
VWAP 68Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 but SELL signal is weak.

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 67.69 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 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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