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(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 2024-04-09 View latest technical analysis

10 day averaged volume of Bajaj Steel is 6557

Date Daily Closing Price Open High Low Volume
09 Tue Apr 2024 1258.80 1285.00 1285.00 1248.25 0.778 times
08 Mon Apr 2024 1274.10 1295.00 1295.00 1246.10 1.267 times
05 Fri Apr 2024 1272.60 1196.00 1289.95 1196.00 1.334 times
04 Thu Apr 2024 1216.15 1217.30 1232.00 1193.00 0.394 times
03 Wed Apr 2024 1217.30 1195.00 1220.00 1195.00 0.876 times
02 Tue Apr 2024 1210.25 1222.00 1222.00 1192.00 0.914 times
01 Mon Apr 2024 1222.90 1150.00 1259.00 1150.00 1.377 times
28 Thu Mar 2024 1151.25 1154.00 1175.00 1145.05 0.492 times
27 Wed Mar 2024 1154.00 1166.85 1178.50 1150.00 0.81 times
26 Tue Mar 2024 1166.80 1179.90 1180.00 1135.80 2.167 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1234, but if it comes below 1234, then a intra day sell could be more profitable.
If you take a sell trade below 1234, then use 1234 as stoploss and 1187.1 as target. However if you take a buy trade in stock , then use 1234 as stoploss and 1290.3 as target.

Share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Target 1030.60
Downside Target 1112.55
Downside Target 1135.80
Downside Target 1173.90
Downside Target 1214.40
Downside Target 1246.10
Downside Target 1252.00
Upside Target 1289.95
Upside Target 1295.00
Upside Target 1559.95
Upside Target 1626.90

Intraday share price targets for Bajaj Steel (BajajSteel)

Target Type Value
Downside Intraday Target 1238.27
Downside Intraday Target 1217.73
Upside Intraday Target 1287.17
Upside Intraday Target 1315.53
Upside Intraday Target 1266.63

Weekly technical analysis of Bajaj Steel (BajajSteel)

Date Weekly Closing Price Open High Low Volume
09 Tue Apr 2024 1258.80 1295.00 1295.00 1246.10 0.418 times
05 Fri Apr 2024 1272.60 1150.00 1289.95 1150.00 1.411 times
28 Thu Mar 2024 1151.25 1179.90 1180.00 1135.80 1.155 times
22 Fri Mar 2024 1168.55 1200.00 1214.40 1140.00 0.397 times
15 Fri Mar 2024 1202.95 1185.00 1252.00 1045.50 1.949 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
09 Tue Apr 2024 1258.80 1150.00 1295.00 1150.00 0.358 times
28 Thu Mar 2024 1151.25 1195.00 1252.00 1045.50 0.35 times
29 Thu Feb 2024 1189.30 1546.80 1626.90 1150.00 1.106 times
31 Wed Jan 2024 1529.40 1170.00 1559.95 1112.55 2.54 times

Scroll below to view daily charts

Price has moved up 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1215.93 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Steel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1215.93 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.

Click here for Bajaj Steel charts

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Daily charts

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