(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 2024-02-19 View latest technical analysis
10 day averaged volume of Bajaj Steel is 22508
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 1209.65 | 1250.00 | 1250.00 | 1202.25 | 1.885 times |
| 16 Fri Feb 2024 | 1234.05 | 1232.25 | 1259.80 | 1210.00 | 0.298 times |
| 15 Thu Feb 2024 | 1243.95 | 1268.95 | 1268.95 | 1235.00 | 0.189 times |
| 14 Wed Feb 2024 | 1232.45 | 1234.95 | 1260.90 | 1216.60 | 0.258 times |
| 13 Tue Feb 2024 | 1237.55 | 1185.00 | 1247.60 | 1161.25 | 0.899 times |
| 12 Mon Feb 2024 | 1189.95 | 1249.00 | 1249.00 | 1150.00 | 1.029 times |
| 09 Fri Feb 2024 | 1237.35 | 1292.00 | 1292.00 | 1212.00 | 1.377 times |
| 08 Thu Feb 2024 | 1292.00 | 1339.00 | 1358.00 | 1195.10 | 2.445 times |
| 07 Wed Feb 2024 | 1380.85 | 1602.00 | 1626.90 | 1297.00 | 1.952 times |
| 06 Tue Feb 2024 | 1600.10 | 1570.00 | 1608.90 | 1560.00 | 0.684 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1216.8, but if it comes above 1216.8, then a intra day buy could be more profitable.
If you take a sell trade below 1216.8, then use 1216.8 as stoploss and 1046.9 as target. However if you take a buy trade in stock , then use 1216.8 as stoploss and 1358.48 as target.
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 | 1250.00 |
| Upside Target | 1268.95 |
| Upside Target | 1331.00 |
| Upside Target | 1344.00 |
| 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 | 1191.27 |
| Downside Intraday Target | 1172.88 |
| Upside Intraday Target | 1239.02 |
| Upside Intraday Target | 1268.38 |
| Upside Intraday Target | 1220.63 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 1209.65 | 1250.00 | 1250.00 | 1202.25 | 0.705 times |
| 16 Fri Feb 2024 | 1234.05 | 1249.00 | 1268.95 | 1150.00 | 0.365 times |
| 09 Fri Feb 2024 | 1237.35 | 1599.95 | 1626.90 | 1195.10 | 1.299 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 |
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 |
| 19 Mon Feb 2024 | 1209.65 | 1546.80 | 1626.90 | 1150.00 | 0.907 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but selling 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 1288.17 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but selling 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 1288.17 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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