(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 2024-02-07 View latest technical analysis
10 day averaged volume of Bajaj Steel is 20174
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 1380.85 | 1602.00 | 1626.90 | 1297.00 | 2.178 times |
| 06 Tue Feb 2024 | 1600.10 | 1570.00 | 1608.90 | 1560.00 | 0.763 times |
| 05 Mon Feb 2024 | 1556.65 | 1599.95 | 1624.80 | 1521.20 | 0.968 times |
| 02 Fri Feb 2024 | 1571.55 | 1561.05 | 1617.80 | 1550.00 | 0.885 times |
| 01 Thu Feb 2024 | 1556.45 | 1546.80 | 1565.00 | 1502.15 | 0.627 times |
| 31 Wed Jan 2024 | 1529.40 | 1509.95 | 1559.95 | 1509.80 | 0.813 times |
| 30 Tue Jan 2024 | 1497.55 | 1489.00 | 1550.00 | 1462.00 | 1.868 times |
| 29 Mon Jan 2024 | 1473.60 | 1331.00 | 1495.00 | 1331.00 | 2.097 times |
| 25 Thu Jan 2024 | 1329.70 | 1299.00 | 1340.00 | 1298.50 | 0.969 times |
| 24 Wed Jan 2024 | 1275.85 | 1269.80 | 1280.00 | 1242.40 | 0.44 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 1500.9 or till 1667.4. Use a stoploss of 1362.04 and if this stock hits its stoploss, then it can fall down till 1223.23
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1004.05 |
| Downside Target | 1112.55 |
| Downside Target | 1148.85 |
| Downside Target | 1173.90 |
| Downside Target | 1297.00 |
| Downside Target | 1331.00 |
| Downside Target | 1344.00 |
| Downside Target | 1365.55 |
| Upside Target | 1559.95 |
| Upside Target | 1617.80 |
| Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1242.93 |
| Downside Intraday Target | 1105.02 |
| Upside Intraday Target | 1572.83 |
| Upside Intraday Target | 1764.82 |
| Upside Intraday Target | 1434.92 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 1380.85 | 1599.95 | 1626.90 | 1297.00 | 0.621 times |
| 02 Fri Feb 2024 | 1571.55 | 1331.00 | 1617.80 | 1331.00 | 2.344 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 |
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 |
| 07 Wed Feb 2024 | 1380.85 | 1546.80 | 1626.90 | 1297.00 | 0.333 times |
| 31 Wed Jan 2024 | 1529.40 | 1170.00 | 1559.95 | 1112.55 | 2.54 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 SELL. 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 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 negative zone. This is the SELL 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 1471.63 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 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 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 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 SELL. 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 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 negative zone. This is the SELL 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 1471.63 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 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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