(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 2024-10-24 View latest technical analysis
10 day averaged volume of Bajaj Steel is 6691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Thu Oct 2024 | 2974.10 | 3096.00 | 3116.90 | 2950.00 | 0.893 times |
| 23 Wed Oct 2024 | 3063.40 | 2990.00 | 3156.00 | 2989.00 | 0.608 times |
| 22 Tue Oct 2024 | 3066.35 | 3176.00 | 3249.40 | 3050.00 | 1.489 times |
| 21 Mon Oct 2024 | 3218.35 | 3304.00 | 3350.00 | 3187.80 | 1.004 times |
| 18 Fri Oct 2024 | 3294.15 | 3191.85 | 3304.00 | 3165.00 | 0.948 times |
| 17 Thu Oct 2024 | 3191.85 | 3162.90 | 3250.00 | 3140.40 | 0.81 times |
| 16 Wed Oct 2024 | 3162.90 | 3249.00 | 3249.00 | 3121.90 | 0.796 times |
| 15 Tue Oct 2024 | 3191.90 | 3267.00 | 3267.00 | 3180.00 | 0.912 times |
| 14 Mon Oct 2024 | 3202.10 | 3258.50 | 3340.00 | 3151.80 | 1.382 times |
| 11 Fri Oct 2024 | 3258.50 | 3317.45 | 3348.95 | 3230.00 | 0.91 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2837.6 or till 2522.8. Use a stoploss of 3099.85 and if the stock hits stoploss, then it can shoot up till 3362.14
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 | 2656.00 |
| Downside Target | 2750.00 |
| Downside Target | 2950.00 |
| Upside Target | 3026.45 |
| Upside 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 | 2832.73 |
| Downside Intraday Target | 2691.37 |
| Upside Intraday Target | 3232.73 |
| Upside Intraday Target | 3491.37 |
| Upside Intraday Target | 3091.37 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Thu Oct 2024 | 2974.10 | 3304.00 | 3350.00 | 2950.00 | 0.824 times |
| 18 Fri Oct 2024 | 3294.15 | 3258.50 | 3340.00 | 3121.90 | 0.466 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 |
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 |
| 24 Thu Oct 2024 | 2974.10 | 3005.00 | 3499.75 | 2750.00 | 0.954 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.
Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 3162.72 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Steel in short term but the sell signal is initial and weak.
Bajaj Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 3162.72 and Bajaj Steel (BajajSteel) stock is trading below this level. This means that stock is falling with high volumes. 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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