(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 2024-06-13 View latest technical analysis
10 day averaged volume of Bajaj Steel is 10870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 1462.05 | 1453.00 | 1489.90 | 1425.00 | 1.446 times |
| 12 Wed Jun 2024 | 1460.20 | 1488.00 | 1488.00 | 1448.00 | 0.624 times |
| 11 Tue Jun 2024 | 1459.90 | 1476.70 | 1498.95 | 1456.00 | 0.462 times |
| 10 Mon Jun 2024 | 1477.70 | 1502.50 | 1512.85 | 1456.05 | 0.591 times |
| 07 Fri Jun 2024 | 1512.85 | 1467.00 | 1540.00 | 1425.00 | 1.53 times |
| 06 Thu Jun 2024 | 1471.10 | 1425.00 | 1490.00 | 1385.00 | 1.029 times |
| 05 Wed Jun 2024 | 1412.80 | 1286.40 | 1450.00 | 1210.60 | 1.165 times |
| 04 Tue Jun 2024 | 1286.40 | 1375.00 | 1375.00 | 1240.00 | 0.879 times |
| 03 Mon Jun 2024 | 1360.15 | 1500.00 | 1500.00 | 1350.00 | 1.526 times |
| 31 Fri May 2024 | 1428.30 | 1500.00 | 1500.00 | 1418.15 | 0.321 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1506.8 or till 1603.8. Use a stoploss of 1425.99 and if this stock hits its stoploss, then it can fall down till 1345.19
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1045.50 |
| Downside Target | 1150.00 |
| Downside Target | 1210.60 |
| Downside Target | 1240.00 |
| Downside Target | 1299.80 |
| Downside Target | 1354.50 |
| Downside Target | 1425.00 |
| Upside Target | 1512.85 |
| Upside Target | 1540.00 |
| Upside Target | 1580.00 |
| Upside Target | 1617.70 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1420.42 |
| Downside Intraday Target | 1378.78 |
| Upside Intraday Target | 1508.27 |
| Upside Intraday Target | 1554.48 |
| Upside Intraday Target | 1466.63 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 1462.05 | 1502.50 | 1512.85 | 1425.00 | 0.509 times |
| 07 Fri Jun 2024 | 1512.85 | 1500.00 | 1540.00 | 1210.60 | 1.135 times |
| 31 Fri May 2024 | 1428.30 | 1530.00 | 1580.00 | 1354.50 | 0.568 times |
| 24 Fri May 2024 | 1519.25 | 1262.15 | 1617.70 | 1262.15 | 5.621 times |
| 18 Sat May 2024 | 1262.15 | 1289.95 | 1299.80 | 1240.00 | 1.171 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 |
| 13 Thu Jun 2024 | 1462.05 | 1500.00 | 1540.00 | 1210.60 | 0.484 times |
| 31 Fri May 2024 | 1428.30 | 1300.00 | 1617.70 | 1240.00 | 1.769 times |
| 30 Tue Apr 2024 | 1290.25 | 1150.00 | 1320.00 | 1150.00 | 0.925 times |
| 28 Thu Mar 2024 | 1151.25 | 1195.00 | 1252.00 | 1045.50 | 0.35 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.
Bajaj Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 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 1432.38 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 positive
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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.
Bajaj Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 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 1432.38 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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