(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 2024-06-10 View latest technical analysis
10 day averaged volume of Bajaj Steel is 12532
Date | Daily Closing Price | Open | High | Low | Volume |
10 Mon Jun 2024 | 1477.70 | 1502.50 | 1512.85 | 1456.05 | 0.512 times |
07 Fri Jun 2024 | 1512.85 | 1467.00 | 1540.00 | 1425.00 | 1.327 times |
06 Thu Jun 2024 | 1471.10 | 1425.00 | 1490.00 | 1385.00 | 0.893 times |
05 Wed Jun 2024 | 1412.80 | 1286.40 | 1450.00 | 1210.60 | 1.01 times |
04 Tue Jun 2024 | 1286.40 | 1375.00 | 1375.00 | 1240.00 | 0.762 times |
03 Mon Jun 2024 | 1360.15 | 1500.00 | 1500.00 | 1350.00 | 1.324 times |
31 Fri May 2024 | 1428.30 | 1500.00 | 1500.00 | 1418.15 | 0.279 times |
30 Thu May 2024 | 1467.65 | 1540.00 | 1580.00 | 1455.00 | 1.624 times |
29 Wed May 2024 | 1457.85 | 1367.00 | 1473.65 | 1367.00 | 0.596 times |
28 Tue May 2024 | 1365.15 | 1391.00 | 1409.70 | 1354.50 | 0.71 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1493.1 as stoploss in an intra day sell trade for a target of 1397.59. However, stock will show a bullish move above 1493.1.
Share price targets for Bajaj Steel (BajajSteel)
Target Type | Value |
Downside Target | 1045.50 |
Downside Target | 1150.00 |
Downside Target | 1210.60 |
Downside Target | 1240.00 |
Downside Target | 1299.80 |
Downside Target | 1354.50 |
Downside Target | 1456.05 |
Upside Target | 1512.85 |
Upside Target | 1540.00 |
Upside Target | 1580.00 |
Upside Target | 1617.70 |
Upside Target | 1626.90 |
Intraday share price targets for Bajaj Steel (BajajSteel)
Target Type | Value |
Downside Intraday Target | 1451.55 |
Downside Intraday Target | 1425.4 |
Upside Intraday Target | 1508.35 |
Upside Intraday Target | 1539 |
Upside Intraday Target | 1482.2 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Mon Jun 2024 | 1477.70 | 1502.50 | 1512.85 | 1456.05 | 0.096 times |
07 Fri Jun 2024 | 1512.85 | 1500.00 | 1540.00 | 1210.60 | 1.135 times |
31 Fri May 2024 | 1428.30 | 1530.00 | 1580.00 | 1354.50 | 0.568 times |
24 Fri May 2024 | 1519.25 | 1262.15 | 1617.70 | 1262.15 | 5.621 times |
18 Sat May 2024 | 1262.15 | 1289.95 | 1299.80 | 1240.00 | 1.171 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 |
10 Mon Jun 2024 | 1477.70 | 1500.00 | 1540.00 | 1210.60 | 0.351 times |
31 Fri May 2024 | 1428.30 | 1300.00 | 1617.70 | 1240.00 | 1.769 times |
30 Tue Apr 2024 | 1290.25 | 1150.00 | 1320.00 | 1150.00 | 0.925 times |
28 Thu Mar 2024 | 1151.25 | 1195.00 | 1252.00 | 1045.50 | 0.35 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing 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
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 1428.12 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing 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
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 1428.12 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.
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