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 2022-08-05 View latest technical analysis

10 day averaged volume of Maha Steel is 1205

Date Daily Closing Price Open High Low Volume
05 Fri Aug 2022 64.25 64.95 66.40 64.20 2.544 times
04 Thu Aug 2022 65.30 66.05 66.90 65.05 0.861 times
03 Wed Aug 2022 66.15 63.00 66.65 63.00 1.565 times
02 Tue Aug 2022 66.65 66.10 67.95 66.10 2.567 times
01 Mon Aug 2022 66.35 65.20 66.65 64.90 0.447 times
29 Fri Jul 2022 64.30 65.15 65.15 63.75 0.244 times
28 Thu Jul 2022 64.70 64.55 65.25 64.50 0.634 times
27 Wed Jul 2022 64.60 64.60 64.65 64.55 1.842 times
26 Tue Jul 2022 64.30 65.65 65.65 64.25 0.225 times
25 Mon Jul 2022 66.50 66.25 68.10 65.80 1.581 times

Stock of Maha Steel (MahaSteel) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 64 as stoploss in an intra day buy trade for a target of 65.71. However, stock will show a bearish move below 64.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 60.00
Downside Target 63.00
Upside Target 67.95
Upside Target 68.10
Upside Target 68.50
Upside Target 70.80
Upside Target 71.45
Upside Target 73.30
Upside Target 82.65
Upside Target 94.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 62.18
Downside Intraday Target 60.12
Upside Intraday Target 67.13
Upside Intraday Target 70.02
Upside Intraday Target 65.07

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
05 Fri Aug 2022 64.25 65.20 67.95 63.00 1.764 times
29 Fri Jul 2022 64.30 66.25 68.10 63.75 0.279 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

Price has moved down 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
05 Fri Aug 2022 64.25 65.20 67.95 63.00 0.192 times
29 Fri Jul 2022 64.30 60.30 71.45 60.00 0.584 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

Scroll below to view daily charts

Price has moved down 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 24, 23, 1 Buy
MACD -0, -0Sell
Stochastics 34None
CCI -42Sell
RSI 55Buy
OBV 9713Sell
VWAP 65Sell
ADL 0Sell
ROC -6Sell
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 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 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 SELL signal for Maha Steel in short term and the sell 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 65.49 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 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

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