(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 2022-08-12 View latest technical analysis
10 day averaged volume of Maha Steel is 1591
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||70.50||65.00||71.35||65.00||9.742 times|
|11 Thu Aug 2022||65.60||66.00||68.00||62.25||0.151 times|
|10 Wed Aug 2022||65.65||66.45||66.45||65.20||2.982 times|
|08 Mon Aug 2022||65.95||65.30||65.95||65.30||0.153 times|
|05 Fri Aug 2022||64.25||64.95||66.40||64.20||1.927 times|
|04 Thu Aug 2022||65.30||66.05||66.90||65.05||0.652 times|
|03 Wed Aug 2022||66.15||63.00||66.65||63.00||1.185 times|
|02 Tue Aug 2022||66.65||66.10||67.95||66.10||1.944 times|
|01 Mon Aug 2022||66.35||65.20||66.65||64.90||0.339 times|
|29 Fri Jul 2022||64.30||65.15||65.15||63.75||0.185 times|
Stock of Maha Steel (MahaSteel) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 70, for a target of 67.9 or 66.17
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||64.72|
|Downside Intraday Target||58.93|
|Upside Intraday Target||73.82|
|Upside Intraday Target||77.13|
|Downside Intraday Target||68.03|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||70.50||65.30||71.35||62.25||2.154 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, 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|
|12 Fri Aug 2022||70.50||65.20||71.35||62.25||0.607 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||25, 21, 9||Buy|
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short to mid 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 mid to longer term time period is
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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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
Although the stock is in the SELL zone, but selling 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 68.08 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.