(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 2024-02-26 View latest technical analysis
10 day averaged volume of Bajaj Steel is 14126
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 1214.65 | 1209.80 | 1220.00 | 1190.00 | 0.496 times |
| 23 Fri Feb 2024 | 1202.35 | 1200.00 | 1223.90 | 1190.10 | 0.389 times |
| 22 Thu Feb 2024 | 1204.45 | 1180.00 | 1224.90 | 1158.90 | 1.013 times |
| 21 Wed Feb 2024 | 1174.05 | 1200.00 | 1216.95 | 1156.15 | 0.654 times |
| 20 Tue Feb 2024 | 1186.15 | 1205.00 | 1228.50 | 1169.65 | 0.679 times |
| 19 Mon Feb 2024 | 1209.65 | 1250.00 | 1250.00 | 1202.25 | 3.003 times |
| 16 Fri Feb 2024 | 1234.05 | 1232.25 | 1259.80 | 1210.00 | 0.475 times |
| 15 Thu Feb 2024 | 1243.95 | 1268.95 | 1268.95 | 1235.00 | 0.302 times |
| 14 Wed Feb 2024 | 1232.45 | 1234.95 | 1260.90 | 1216.60 | 0.412 times |
| 13 Tue Feb 2024 | 1237.55 | 1185.00 | 1247.60 | 1161.25 | 1.433 times |
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 1173.7 as stoploss in an intra day buy trade for a target of 1327.56. However, stock will show a bearish move below 1173.7.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1004.05 |
| Downside Target | 1112.55 |
| Downside Target | 1148.85 |
| Upside Target | 1220.00 |
| Upside Target | 1250.00 |
| Upside Target | 1268.95 |
| Upside Target | 1331.00 |
| 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 | 1196.43 |
| Downside Intraday Target | 1178.22 |
| Upside Intraday Target | 1226.43 |
| Upside Intraday Target | 1238.22 |
| Downside Intraday Target | 1208.22 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 1214.65 | 1209.80 | 1220.00 | 1190.00 | 0.086 times |
| 23 Fri Feb 2024 | 1202.35 | 1250.00 | 1250.00 | 1156.15 | 1.347 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 |
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 |
| 26 Mon Feb 2024 | 1214.65 | 1546.80 | 1626.90 | 1150.00 | 1.046 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 1212.63 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 negative.
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 1212.63 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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