(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)
10 day averaged volume of Maha Steel is 2662
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Mar 2023 | 54.01 | 56.21 | 56.25 | 54.01 | 0.245 times |
| 17 Fri Mar 2023 | 55.95 | 55.35 | 56.85 | 53.36 | 1.366 times |
| 16 Thu Mar 2023 | 54.85 | 56.00 | 56.00 | 53.20 | 0.76 times |
| 15 Wed Mar 2023 | 56.10 | 56.15 | 57.95 | 55.25 | 1.064 times |
| 14 Tue Mar 2023 | 56.15 | 64.80 | 64.80 | 55.20 | 1.095 times |
| 13 Mon Mar 2023 | 56.61 | 58.75 | 58.85 | 56.40 | 1.223 times |
| 10 Fri Mar 2023 | 58.83 | 58.25 | 60.05 | 58.25 | 1.553 times |
| 09 Thu Mar 2023 | 59.03 | 60.05 | 60.10 | 59.00 | 0.306 times |
| 08 Wed Mar 2023 | 59.20 | 60.00 | 60.85 | 59.12 | 0.147 times |
| 06 Mon Mar 2023 | 59.72 | 60.30 | 62.40 | 59.05 | 1.49 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 53.2, for a target of 56.5 or 59.28
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 53.20 |
| Upside Target | 56.25 |
| Upside Target | 58.25 |
| Upside Target | 59.50 |
| Upside Target | 62.40 |
| Upside Target | 64.80 |
| Upside Target | 65.80 |
| Upside Target | 66.55 |
| Upside Target | 67.50 |
| Upside Target | 72.75 |
| Upside Target | 77.00 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 53.26 |
| Downside Intraday Target | 52.52 |
| Upside Intraday Target | 55.5 |
| Upside Intraday Target | 57 |
| Upside Intraday Target | 54.76 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Mar 2023 | 54.01 | 56.21 | 56.25 | 54.01 | 0.045 times |
| 17 Fri Mar 2023 | 55.95 | 58.75 | 64.80 | 53.20 | 1.576 times |
| 10 Fri Mar 2023 | 58.83 | 60.30 | 62.40 | 58.25 | 0.869 times |
| 03 Fri Mar 2023 | 61.01 | 60.30 | 65.80 | 58.30 | 0.644 times |
| 24 Fri Feb 2023 | 61.20 | 62.45 | 66.55 | 60.10 | 0.94 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 |
| 20 Mon Mar 2023 | 54.01 | 60.95 | 65.80 | 53.20 | 0.4 times |
| 28 Tue Feb 2023 | 60.65 | 66.65 | 67.50 | 58.30 | 0.833 times |
| 31 Tue Jan 2023 | 66.20 | 70.95 | 77.00 | 65.30 | 0.51 times |
| 30 Fri Dec 2022 | 70.95 | 68.90 | 77.00 | 59.50 | 2.328 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 | 26, 15, 25 | Buy |
| MACD | -4, -4 | Sell |
| Stochastics | 15 | Sell |
| CCI | -101 | Sell |
| RSI | 51 | Buy |
| OBV | -20754 | Sell |
| VWAP | 57 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short to mid 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.
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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 57.18 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 negative.
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