(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 2024-10-16 View latest technical analysis
10 day averaged volume of Bajaj Steel is 33925
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 3162.90 | 3249.00 | 3249.00 | 3121.90 | 0.157 times |
| 15 Tue Oct 2024 | 3191.90 | 3267.00 | 3267.00 | 3180.00 | 0.18 times |
| 14 Mon Oct 2024 | 3202.10 | 3258.50 | 3340.00 | 3151.80 | 0.273 times |
| 11 Fri Oct 2024 | 3258.50 | 3317.45 | 3348.95 | 3230.00 | 0.18 times |
| 10 Thu Oct 2024 | 3317.45 | 3413.00 | 3419.00 | 3306.90 | 0.225 times |
| 09 Wed Oct 2024 | 3358.70 | 3333.05 | 3450.00 | 3333.05 | 0.336 times |
| 08 Tue Oct 2024 | 3333.05 | 3145.00 | 3420.00 | 2920.00 | 0.452 times |
| 07 Mon Oct 2024 | 3138.65 | 3400.00 | 3450.00 | 2750.00 | 0.86 times |
| 03 Thu Oct 2024 | 3320.10 | 3410.55 | 3499.75 | 3153.80 | 1.851 times |
| 01 Tue Oct 2024 | 3350.35 | 3005.00 | 3400.00 | 3000.00 | 2.832 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3277.3 as stoploss in an intra day sell trade for a target of 2942.58. However, stock will show a bullish move above 3277.3.
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 | 2492.40 |
| Downside Target | 2565.50 |
| Downside Target | 2656.00 |
| Downside Target | 2742.95 |
| Downside Target | 3026.45 |
| Downside Target | 3121.90 |
| Upside Target | 3340.00 |
| Upside Target | 3450.00 |
| Upside Target | 3499.75 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 3076.53 |
| Downside Intraday Target | 2990.17 |
| Upside Intraday Target | 3294.63 |
| Upside Intraday Target | 3426.37 |
| Upside Intraday Target | 3208.27 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 3162.90 | 3258.50 | 3340.00 | 3121.90 | 0.297 times |
| 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 |
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 |
| 16 Wed Oct 2024 | 3162.90 | 3005.00 | 3499.75 | 2750.00 | 0.827 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 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 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 SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 3300.62 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 3300.62 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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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