(BajajSteel) Bajaj Steel complete technical analysis [charts+indicators] | Buy/Sell Bajaj Steel | (BajajSteel) share price targets
Complete technical analysis of Bajaj Steel (BajajSteel) by charts plus indicators, forecast predictions and share price targets for Bajaj Steel (BajajSteel)
Showing technical analysis as on 2024-03-02 View latest technical analysis
10 day averaged volume of Bajaj Steel is 11644
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 1228.10 | 1217.00 | 1235.00 | 1197.00 | 0.083 times |
| 01 Fri Mar 2024 | 1217.30 | 1195.00 | 1225.00 | 1185.00 | 0.734 times |
| 29 Thu Feb 2024 | 1189.30 | 1190.10 | 1210.00 | 1172.05 | 0.399 times |
| 28 Wed Feb 2024 | 1193.25 | 1225.00 | 1225.00 | 1181.30 | 0.743 times |
| 27 Tue Feb 2024 | 1199.75 | 1214.65 | 1225.00 | 1171.55 | 0.56 times |
| 26 Mon Feb 2024 | 1214.65 | 1209.80 | 1220.00 | 1190.00 | 0.601 times |
| 23 Fri Feb 2024 | 1202.35 | 1200.00 | 1223.90 | 1190.10 | 0.472 times |
| 22 Thu Feb 2024 | 1204.45 | 1180.00 | 1224.90 | 1158.90 | 1.229 times |
| 21 Wed Feb 2024 | 1174.05 | 1200.00 | 1216.95 | 1156.15 | 0.794 times |
| 20 Tue Feb 2024 | 1186.15 | 1205.00 | 1228.50 | 1169.65 | 0.824 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1150.3 or till 1038.7. Use a stoploss of 1243.36 and if the stock hits stoploss, then it can shoot up till 1336.4
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1018.00 |
| Downside Target | 1112.55 |
| Downside Target | 1148.85 |
| Upside Target | 1235.00 |
| Upside Target | 1250.00 |
| Upside Target | 1268.95 |
| Upside Target | 1331.00 |
| Upside Target | 1559.95 |
| Upside Target | 1617.80 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1188.1 |
| Downside Intraday Target | 1148.1 |
| Upside Intraday Target | 1251.55 |
| Upside Intraday Target | 1275 |
| Downside Intraday Target | 1211.55 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 1228.10 | 1209.80 | 1235.00 | 1171.55 | 0.448 times |
| 23 Fri Feb 2024 | 1202.35 | 1250.00 | 1250.00 | 1156.15 | 1.347 times |
| 16 Fri Feb 2024 | 1234.05 | 1249.00 | 1268.95 | 1150.00 | 0.365 times |
| 09 Fri Feb 2024 | 1237.35 | 1599.95 | 1626.90 | 1195.10 | 1.299 times |
| 02 Fri Feb 2024 | 1571.55 | 1331.00 | 1617.80 | 1331.00 | 2.344 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 Bajaj Steel (BajajSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 1228.10 | 1195.00 | 1235.00 | 1185.00 | 0.026 times |
| 29 Thu Feb 2024 | 1189.30 | 1546.80 | 1626.90 | 1150.00 | 1.106 times |
| 31 Wed Jan 2024 | 1529.40 | 1170.00 | 1559.95 | 1112.55 | 2.54 times |
| 29 Fri Dec 2023 | 1166.95 | 1098.90 | 1173.90 | 1030.60 | 1.046 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 Bajaj Steel (BajajSteel)
Price action analysis of Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Bajaj 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.
Bajaj 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bajaj 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 1198.29 and Bajaj Steel (BajajSteel) 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 Bajaj Steel (BajajSteel) stock. Volume based technical analysis of Bajaj Steel (BajajSteel) stock is negative.
Bajaj 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.
Price action analysis of Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Bajaj 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.
Bajaj 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bajaj 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 1198.29 and Bajaj Steel (BajajSteel) 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 Bajaj Steel (BajajSteel) stock. Volume based technical analysis of Bajaj Steel (BajajSteel) stock is negative.
Bajaj 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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