(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 2022-11-09 View latest technical analysis
10 day averaged volume of Maha Steel is 1849
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 70.20 | 72.75 | 72.75 | 69.25 | 2.598 times |
| 07 Mon Nov 2022 | 69.80 | 68.55 | 70.90 | 68.55 | 3.234 times |
| 04 Fri Nov 2022 | 69.85 | 67.00 | 70.00 | 67.00 | 3.75 times |
| 03 Thu Nov 2022 | 68.05 | 68.40 | 68.40 | 67.85 | 0.009 times |
| 02 Wed Nov 2022 | 68.50 | 69.95 | 70.00 | 67.85 | 0.622 times |
| 01 Tue Nov 2022 | 70.15 | 69.40 | 70.20 | 68.95 | 0.601 times |
| 31 Mon Oct 2022 | 69.15 | 68.55 | 69.45 | 67.50 | 0.284 times |
| 28 Fri Oct 2022 | 68.95 | 69.15 | 69.40 | 68.95 | 0.048 times |
| 27 Thu Oct 2022 | 68.00 | 67.85 | 68.55 | 67.55 | 0.337 times |
| 25 Tue Oct 2022 | 67.95 | 66.25 | 68.10 | 66.20 | 0.815 times |
Stock of Maha Steel (MahaSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70.1, but if it comes below 70.1, then a intra day sell could be more profitable.
If you take a sell trade below 70.1, then use 70.1 as stoploss and 68.94 as target. However if you take a buy trade in stock , then use 70.1 as stoploss and 71.4 as target.
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 57.80 |
| Downside Target | 60.00 |
| Downside Target | 63.55 |
| Downside Target | 65.55 |
| Downside Target | 68.55 |
| Upside Target | 71.45 |
| Upside Target | 72.10 |
| Upside Target | 72.75 |
| Upside Target | 74.00 |
| Upside Target | 74.15 |
| Upside Target | 79.70 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 68.25 |
| Downside Intraday Target | 66.3 |
| Upside Intraday Target | 72.45 |
| Upside Intraday Target | 74.7 |
| Upside Intraday Target | 70.5 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 70.20 | 68.55 | 72.75 | 68.55 | 1.107 times |
| 04 Fri Nov 2022 | 69.85 | 68.55 | 70.20 | 67.00 | 3.511 times |
| 28 Fri Oct 2022 | 68.95 | 68.60 | 69.40 | 63.55 | 0.141 times |
| 21 Fri Oct 2022 | 67.30 | 68.50 | 71.20 | 65.55 | 4.741 times |
| 14 Fri Oct 2022 | 69.75 | 66.65 | 72.10 | 66.20 | 0.422 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 |
| 09 Wed Nov 2022 | 70.20 | 69.40 | 72.75 | 67.00 | 0.541 times |
| 31 Mon Oct 2022 | 69.15 | 72.30 | 74.15 | 63.55 | 0.473 times |
| 30 Fri Sep 2022 | 72.10 | 68.25 | 79.70 | 66.30 | 1.373 times |
| 30 Tue Aug 2022 | 68.75 | 65.20 | 74.00 | 57.80 | 1.138 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 | 26, 18, 18 | Buy |
| MACD | 0, -0 | Buy |
| Stochastics | 80 | Buy |
| CCI | 165 | Buy |
| RSI | 54 | Buy |
| OBV | 14985 | Sell |
| VWAP | 70 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
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 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 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 mid to longer 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.
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 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 tired and bears 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 but buying is losing 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 69.66 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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