(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 2024-10-29 View latest technical analysis
10 day averaged volume of Bajaj Steel is 5969
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 2939.65 | 2920.00 | 2973.70 | 2891.25 | 1.101 times |
| 28 Mon Oct 2024 | 2927.80 | 2925.00 | 2999.90 | 2871.20 | 0.67 times |
| 25 Fri Oct 2024 | 2905.70 | 2974.10 | 3038.00 | 2887.00 | 0.966 times |
| 24 Thu Oct 2024 | 2974.10 | 3096.00 | 3116.90 | 2950.00 | 1.001 times |
| 23 Wed Oct 2024 | 3063.40 | 2990.00 | 3156.00 | 2989.00 | 0.682 times |
| 22 Tue Oct 2024 | 3066.35 | 3176.00 | 3249.40 | 3050.00 | 1.669 times |
| 21 Mon Oct 2024 | 3218.35 | 3304.00 | 3350.00 | 3187.80 | 1.126 times |
| 18 Fri Oct 2024 | 3294.15 | 3191.85 | 3304.00 | 3165.00 | 1.062 times |
| 17 Thu Oct 2024 | 3191.85 | 3162.90 | 3250.00 | 3140.40 | 0.908 times |
| 16 Wed Oct 2024 | 3162.90 | 3249.00 | 3249.00 | 3121.90 | 0.893 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3005.1, but if it comes above 3005.1, then a intra day buy could be more profitable.
If you take a sell trade below 3005.1, then use 3005.1 as stoploss and 2822.4 as target. However if you take a buy trade in stock , then use 3005.1 as stoploss and 3157.32 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 | 2750.00 |
| Downside Target | 2871.20 |
| Upside Target | 2999.90 |
| Upside Target | 3121.90 |
| Upside Target | 3340.00 |
| Upside Target | 3350.00 |
| Upside Target | 3450.00 |
| Upside Target | 3499.75 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 2873.93 |
| Downside Intraday Target | 2808.22 |
| Upside Intraday Target | 3002.63 |
| Upside Intraday Target | 3065.62 |
| Downside Intraday Target | 2936.92 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 2939.65 | 2925.00 | 2999.90 | 2871.20 | 0.325 times |
| 25 Fri Oct 2024 | 2905.70 | 3304.00 | 3350.00 | 2887.00 | 1.002 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 |
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 |
| 29 Tue Oct 2024 | 2939.65 | 3005.00 | 3499.75 | 2750.00 | 1.009 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY 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 3079.37 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term but BUY 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 3079.37 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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