(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 2024-04-02 View latest technical analysis
10 day averaged volume of Bajaj Steel is 5982
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1210.25 | 1222.00 | 1222.00 | 1192.00 | 1.002 times |
| 01 Mon Apr 2024 | 1222.90 | 1150.00 | 1259.00 | 1150.00 | 1.509 times |
| 28 Thu Mar 2024 | 1151.25 | 1154.00 | 1175.00 | 1145.05 | 0.539 times |
| 27 Wed Mar 2024 | 1154.00 | 1166.85 | 1178.50 | 1150.00 | 0.887 times |
| 26 Tue Mar 2024 | 1166.80 | 1179.90 | 1180.00 | 1135.80 | 2.375 times |
| 22 Fri Mar 2024 | 1168.55 | 1166.25 | 1189.85 | 1166.00 | 0.406 times |
| 21 Thu Mar 2024 | 1183.60 | 1184.00 | 1214.40 | 1168.05 | 0.875 times |
| 20 Wed Mar 2024 | 1172.65 | 1176.00 | 1184.00 | 1156.30 | 0.418 times |
| 19 Tue Mar 2024 | 1170.15 | 1195.95 | 1195.95 | 1160.00 | 0.434 times |
| 18 Mon Mar 2024 | 1177.90 | 1200.00 | 1210.00 | 1140.00 | 1.159 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1209.2, but if it comes below 1209.2, then a intra day sell could be more profitable.
If you take a sell trade below 1209.2, then use 1209.2 as stoploss and 1175.69 as target. However if you take a buy trade in stock , then use 1209.2 as stoploss and 1249.5 as target.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1030.60 |
| Downside Target | 1112.55 |
| Downside Target | 1173.90 |
| Upside Target | 1214.40 |
| Upside Target | 1220.00 |
| Upside Target | 1252.00 |
| Upside Target | 1259.00 |
| Upside Target | 1559.95 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1153.83 |
| Downside Intraday Target | 1097.42 |
| Upside Intraday Target | 1262.83 |
| Upside Intraday Target | 1315.42 |
| Downside Intraday Target | 1206.42 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1210.25 | 1150.00 | 1259.00 | 1150.00 | 0.66 times |
| 28 Thu Mar 2024 | 1151.25 | 1179.90 | 1180.00 | 1135.80 | 1.155 times |
| 22 Fri Mar 2024 | 1168.55 | 1200.00 | 1214.40 | 1140.00 | 0.397 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 |
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 Tue Apr 2024 | 1210.25 | 1150.00 | 1259.00 | 1150.00 | 0.118 times |
| 28 Thu Mar 2024 | 1151.25 | 1195.00 | 1252.00 | 1045.50 | 0.35 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 |
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 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 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel stock for short term is BUY. Signal strength is Strong and stock is losing 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
Although the stock is in the BUY zone, but buying 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 1181.44 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 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 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 Bajaj Steel ( (BajajSteel) ) 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 Bajaj Steel stock for short term is BUY. Signal strength is Strong and stock is losing 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
Although the stock is in the BUY zone, but buying 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 1181.44 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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