(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 2024-03-19 View latest technical analysis
10 day averaged volume of Bajaj Steel is 8208
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 1170.15 | 1195.95 | 1195.95 | 1160.00 | 0.316 times |
18 Mon Mar 2024 | 1177.90 | 1200.00 | 1210.00 | 1140.00 | 0.845 times |
15 Fri Mar 2024 | 1202.95 | 1158.00 | 1252.00 | 1150.00 | 1.018 times |
14 Thu Mar 2024 | 1157.70 | 1081.95 | 1170.00 | 1045.50 | 0.631 times |
13 Wed Mar 2024 | 1083.10 | 1125.95 | 1142.90 | 1050.00 | 2.058 times |
12 Tue Mar 2024 | 1125.95 | 1160.05 | 1175.70 | 1110.00 | 1.043 times |
11 Mon Mar 2024 | 1155.30 | 1185.00 | 1189.60 | 1152.10 | 1.302 times |
07 Thu Mar 2024 | 1173.05 | 1191.10 | 1206.00 | 1132.85 | 0.893 times |
06 Wed Mar 2024 | 1191.10 | 1195.00 | 1210.00 | 1160.00 | 1.064 times |
05 Tue Mar 2024 | 1210.70 | 1205.00 | 1219.95 | 1205.00 | 0.527 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1150.5 or till 1110.5. Use a stoploss of 1183.95 and if the stock hits stoploss, then it can shoot up till 1217.35
Share price targets for Bajaj Steel (BajajSteel)
Target Type | Value |
Downside Target | 1018.00 |
Downside Target | 1112.55 |
Upside Target | 1173.90 |
Upside Target | 1210.00 |
Upside Target | 1220.00 |
Upside Target | 1235.00 |
Upside Target | 1250.00 |
Upside Target | 1252.00 |
Upside Target | 1559.95 |
Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
Target Type | Value |
Downside Intraday Target | 1136.77 |
Downside Intraday Target | 1103.38 |
Upside Intraday Target | 1206.77 |
Upside Intraday Target | 1243.38 |
Upside Intraday Target | 1173.38 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 1170.15 | 1200.00 | 1210.00 | 1140.00 | 0.192 times |
15 Fri Mar 2024 | 1202.95 | 1185.00 | 1252.00 | 1045.50 | 1.949 times |
07 Thu Mar 2024 | 1173.05 | 1202.25 | 1220.00 | 1132.85 | 0.701 times |
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 |
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 Bajaj Steel (BajajSteel)
Date | Monthly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 1170.15 | 1195.00 | 1252.00 | 1045.50 | 0.259 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 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 Bajaj Steel (BajajSteel)
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short 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.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short 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.
Price action analysis of Bajaj Steel ( (BajajSteel) ) 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Bajaj Steel in short term but the buy signal is initial and weak.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bajaj Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj 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 1153 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 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.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short 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.
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short 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.
Price action analysis of Bajaj Steel ( (BajajSteel) ) 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Bajaj Steel in short term but the buy signal is initial and weak.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bajaj Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj 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 1153 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 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.
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