(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 2024-10-11 View latest technical analysis
10 day averaged volume of Bajaj Steel is 32934
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 3258.50 | 3317.45 | 3348.95 | 3230.00 | 0.185 times |
| 10 Thu Oct 2024 | 3317.45 | 3413.00 | 3419.00 | 3306.90 | 0.231 times |
| 09 Wed Oct 2024 | 3358.70 | 3333.05 | 3450.00 | 3333.05 | 0.346 times |
| 08 Tue Oct 2024 | 3333.05 | 3145.00 | 3420.00 | 2920.00 | 0.465 times |
| 07 Mon Oct 2024 | 3138.65 | 3400.00 | 3450.00 | 2750.00 | 0.885 times |
| 03 Thu Oct 2024 | 3320.10 | 3410.55 | 3499.75 | 3153.80 | 1.907 times |
| 01 Tue Oct 2024 | 3350.35 | 3005.00 | 3400.00 | 3000.00 | 2.917 times |
| 30 Mon Sep 2024 | 2931.35 | 2800.00 | 3026.45 | 2780.10 | 2.897 times |
| 27 Fri Sep 2024 | 2522.05 | 2559.95 | 2562.00 | 2509.00 | 0.128 times |
| 26 Thu Sep 2024 | 2514.20 | 2572.20 | 2609.80 | 2495.75 | 0.133 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3193.7, but if it comes below 3193.7, then a intra day sell could be more profitable.
If you take a sell trade below 3193.7, then use 3193.7 as stoploss and 2863.01 as target. However if you take a buy trade in stock , then use 3193.7 as stoploss and 3590.5 as target.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1210.60 |
| Downside Target | 1555.00 |
| Downside Target | 1665.90 |
| Downside Target | 1764.30 |
| Downside Target | 1864.30 |
| Downside Target | 1961.25 |
| Downside Target | 2281.00 |
| Downside Target | 2350.00 |
| Downside Target | 2492.40 |
| Downside Target | 2565.50 |
| Downside Target | 2656.00 |
| Downside Target | 2742.95 |
| Downside Target | 3026.45 |
| Upside Target | 3450.00 |
| Upside Target | 3499.75 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 2855.67 |
| Downside Intraday Target | 2452.83 |
| Upside Intraday Target | 3555.67 |
| Upside Intraday Target | 3852.83 |
| Downside Intraday Target | 3152.83 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 3258.50 | 3400.00 | 3450.00 | 2750.00 | 0.274 times |
| 03 Thu Oct 2024 | 3320.10 | 2800.00 | 3499.75 | 2780.10 | 10.163 times |
| 27 Fri Sep 2024 | 2522.05 | 2596.15 | 2656.00 | 2492.40 | 0.851 times |
| 20 Fri Sep 2024 | 2596.15 | 2693.80 | 2742.95 | 2565.50 | 0.409 times |
| 13 Fri Sep 2024 | 2646.40 | 2454.00 | 2798.00 | 2350.00 | 0.902 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 |
| 11 Fri Oct 2024 | 3258.50 | 3005.00 | 3499.75 | 2750.00 | 0.758 times |
| 30 Mon Sep 2024 | 2931.35 | 2172.00 | 3026.45 | 1961.25 | 1.547 times |
| 30 Fri Aug 2024 | 2117.00 | 1850.00 | 2281.00 | 1764.30 | 0.835 times |
| 31 Wed Jul 2024 | 1822.75 | 1666.90 | 1864.30 | 1555.00 | 1.129 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 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 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 short to mid 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 3181.33 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 rising upwards.
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 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 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 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 short to mid 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 3181.33 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 rising upwards.
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 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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