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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 2022-08-08 View latest technical analysis

10 day averaged volume of Maha Steel is 1508

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 65.95 65.30 65.95 65.30 0.161 times
05 Fri Aug 2022 64.25 64.95 66.40 64.20 2.033 times
04 Thu Aug 2022 65.30 66.05 66.90 65.05 0.688 times
03 Wed Aug 2022 66.15 63.00 66.65 63.00 1.251 times
02 Tue Aug 2022 66.65 66.10 67.95 66.10 2.051 times
01 Mon Aug 2022 66.35 65.20 66.65 64.90 0.357 times
29 Fri Jul 2022 64.30 65.15 65.15 63.75 0.195 times
28 Thu Jul 2022 64.70 64.55 65.25 64.50 0.507 times
27 Wed Jul 2022 64.60 64.60 64.65 64.55 1.472 times
26 Tue Jul 2022 64.30 65.65 65.65 64.25 0.18 times

My analysis of stock is bullish for shortterm, and stock might move up till 67.5 or till 69.4. Use a stoploss of 65.86 and if this stock hits its stoploss, then it can fall down till 64.27

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 65.52
Downside Intraday Target 65.08
Upside Intraday Target 66.17
Upside Intraday Target 66.38
Downside Intraday Target 65.73

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 65.95 65.30 65.95 65.30 0.025 times
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

Price has moved up 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
08 Mon Aug 2022 65.95 65.20 67.95 63.00 0.197 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 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 22, 21, 1 Buy
MACD -0, -0Sell
Stochastics 41None
CCI 45Buy
RSI 55Buy
OBV 10484Sell
VWAP 65Buy
ADL 0Sell
ROC -1Sell
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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

MACD generated a SELL signal for Maha Steel in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 65.35 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 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

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Daily charts

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Daily chart

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