(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 2024-01-29 View latest technical analysis
10 day averaged volume of Bajaj Steel is 11089
Date | Daily Closing Price | Open | High | Low | Volume |
29 Mon Jan 2024 | 1473.60 | 1331.00 | 1495.00 | 1331.00 | 3.815 times |
25 Thu Jan 2024 | 1329.70 | 1299.00 | 1340.00 | 1298.50 | 1.763 times |
24 Wed Jan 2024 | 1275.85 | 1269.80 | 1280.00 | 1242.40 | 0.801 times |
23 Tue Jan 2024 | 1237.60 | 1324.80 | 1338.80 | 1203.90 | 1.035 times |
22 Mon Jan 2024 | 1283.40 | 1344.00 | 1344.00 | 1270.00 | 1.283 times |
19 Fri Jan 2024 | 1271.65 | 1241.00 | 1290.00 | 1221.30 | 0.92 times |
18 Thu Jan 2024 | 1221.50 | 1229.00 | 1249.95 | 1195.00 | 0.472 times |
17 Wed Jan 2024 | 1226.00 | 1244.00 | 1244.00 | 1207.00 | 0.433 times |
16 Tue Jan 2024 | 1236.85 | 1255.00 | 1274.00 | 1202.55 | 0.792 times |
15 Mon Jan 2024 | 1254.00 | 1270.75 | 1297.80 | 1249.70 | 1.317 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1407.6, for a target of 1310.5 or 1229.52
Share price targets for Bajaj Steel (BajajSteel)
Target Type | Value |
Downside Target | 1004.05 |
Downside Target | 1112.55 |
Downside Target | 1148.85 |
Downside Target | 1195.00 |
Downside Target | 1203.90 |
Downside Target | 1297.80 |
Downside Target | 1331.00 |
Downside Target | 1344.00 |
Downside Target | 1365.55 |
Upside Target | 1495.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
Target Type | Value |
Downside Intraday Target | 1371.4 |
Downside Intraday Target | 1269.2 |
Upside Intraday Target | 1535.4 |
Upside Intraday Target | 1597.2 |
Downside Intraday Target | 1433.2 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Mon Jan 2024 | 1473.60 | 1331.00 | 1495.00 | 1331.00 | 0.781 times |
25 Thu Jan 2024 | 1329.70 | 1344.00 | 1344.00 | 1203.90 | 1.241 times |
19 Fri Jan 2024 | 1271.65 | 1270.75 | 1297.80 | 1195.00 | 0.46 times |
12 Fri Jan 2024 | 1249.60 | 1169.20 | 1365.55 | 1150.00 | 2.394 times |
05 Fri Jan 2024 | 1160.20 | 1170.00 | 1170.00 | 1112.55 | 0.829 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 Mon Jan 2024 | 1473.60 | 1170.00 | 1495.00 | 1112.55 | 2.122 times |
29 Fri Dec 2023 | 1166.95 | 1098.90 | 1173.90 | 1030.60 | 1.046 times |
30 Thu Nov 2023 | 1083.15 | 1056.60 | 1148.85 | 1018.00 | 1.147 times |
31 Tue Oct 2023 | 1040.75 | 1084.00 | 1150.00 | 1004.05 | 0.639 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 buy signal for Bajaj Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 1331.94 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Bajaj Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 buy signal for Bajaj Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 1331.94 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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