(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 2024-02-08 View latest technical analysis
10 day averaged volume of Bajaj Steel is 23419
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1292.00 | 1339.00 | 1358.00 | 1195.10 | 2.35 times |
| 07 Wed Feb 2024 | 1380.85 | 1602.00 | 1626.90 | 1297.00 | 1.876 times |
| 06 Tue Feb 2024 | 1600.10 | 1570.00 | 1608.90 | 1560.00 | 0.657 times |
| 05 Mon Feb 2024 | 1556.65 | 1599.95 | 1624.80 | 1521.20 | 0.834 times |
| 02 Fri Feb 2024 | 1571.55 | 1561.05 | 1617.80 | 1550.00 | 0.762 times |
| 01 Thu Feb 2024 | 1556.45 | 1546.80 | 1565.00 | 1502.15 | 0.54 times |
| 31 Wed Jan 2024 | 1529.40 | 1509.95 | 1559.95 | 1509.80 | 0.7 times |
| 30 Tue Jan 2024 | 1497.55 | 1489.00 | 1550.00 | 1462.00 | 1.609 times |
| 29 Mon Jan 2024 | 1473.60 | 1331.00 | 1495.00 | 1331.00 | 1.807 times |
| 25 Thu Jan 2024 | 1329.70 | 1299.00 | 1340.00 | 1298.50 | 0.835 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1232.8 as stoploss in an intra day buy trade for a target of 1367.09. However, stock will show a bearish move below 1232.8.
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 |
| Upside Target | 1297.80 |
| Upside Target | 1331.00 |
| Upside Target | 1344.00 |
| Upside 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 | 1115.77 |
| Downside Intraday Target | 939.53 |
| Upside Intraday Target | 1547.57 |
| Upside Intraday Target | 1803.13 |
| Upside Intraday Target | 1371.33 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1292.00 | 1599.95 | 1626.90 | 1195.10 | 1.055 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 |
| 08 Thu Feb 2024 | 1292.00 | 1546.80 | 1626.90 | 1195.10 | 0.5 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 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 SELL signal in short term and selling is picking up 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 1442.57 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Steel ( (BajajSteel) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 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 SELL signal in short term and selling is picking up 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 1442.57 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.
Click here for Bajaj Steel charts
Click here for further forecast and predictions for tomorrow