(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 2024-08-16 View latest technical analysis
10 day averaged volume of Bajaj Steel is 12709
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 2025.90 | 1980.00 | 2040.00 | 1970.00 | 0.275 times |
| 14 Wed Aug 2024 | 1967.30 | 1960.00 | 2033.95 | 1949.90 | 0.271 times |
| 13 Tue Aug 2024 | 1954.35 | 2099.00 | 2123.00 | 1931.00 | 0.427 times |
| 12 Mon Aug 2024 | 2067.65 | 2170.00 | 2190.00 | 2050.05 | 0.674 times |
| 09 Fri Aug 2024 | 2167.70 | 2030.05 | 2169.95 | 2030.05 | 1.496 times |
| 08 Thu Aug 2024 | 2021.35 | 2030.00 | 2030.00 | 1976.05 | 0.385 times |
| 07 Wed Aug 2024 | 1999.25 | 2140.00 | 2148.60 | 1995.00 | 0.921 times |
| 06 Tue Aug 2024 | 2048.60 | 1935.00 | 2281.00 | 1935.00 | 1.724 times |
| 05 Mon Aug 2024 | 1901.35 | 1815.00 | 1918.90 | 1764.30 | 1.782 times |
| 02 Fri Aug 2024 | 1936.60 | 2025.00 | 2025.00 | 1925.25 | 1.463 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2024.1, but if it comes below 2024.1, then a intra day sell could be more profitable.
If you take a sell trade below 2024.1, then use 2024.1 as stoploss and 1896.52 as target. However if you take a buy trade in stock , then use 2024.1 as stoploss and 2177.3 as target.
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1150.00 |
| Downside Target | 1210.60 |
| Downside Target | 1240.00 |
| Downside Target | 1320.00 |
| Downside Target | 1555.00 |
| Downside Target | 1614.00 |
| Downside Target | 1665.90 |
| Downside Target | 1717.00 |
| Downside Target | 1804.90 |
| Downside Target | 1849.00 |
| Downside Target | 1931.00 |
| Downside Target | 2025.00 |
| Upside Target | 2190.00 |
| Upside Target | 2281.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 1907.93 |
| Downside Intraday Target | 1789.97 |
| Upside Intraday Target | 2166.93 |
| Upside Intraday Target | 2307.97 |
| Upside Intraday Target | 2048.97 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 2025.90 | 2170.00 | 2190.00 | 1931.00 | 0.261 times |
| 09 Fri Aug 2024 | 2167.70 | 1815.00 | 2281.00 | 1764.30 | 1.621 times |
| 02 Fri Aug 2024 | 1936.60 | 1750.00 | 2025.00 | 1749.90 | 1.464 times |
| 26 Fri Jul 2024 | 1750.00 | 1750.00 | 1804.90 | 1717.00 | 0.664 times |
| 19 Fri Jul 2024 | 1769.75 | 1646.05 | 1849.00 | 1614.00 | 1.382 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 |
| 16 Fri Aug 2024 | 2025.90 | 1850.00 | 2281.00 | 1764.30 | 0.559 times |
| 31 Wed Jul 2024 | 1822.75 | 1666.90 | 1864.30 | 1555.00 | 1.129 times |
| 28 Fri Jun 2024 | 1627.75 | 1500.00 | 1665.90 | 1210.60 | 0.994 times |
| 31 Fri May 2024 | 1428.30 | 1300.00 | 1617.70 | 1240.00 | 1.769 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 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 neutral. A longer time frame might give a better analysis.
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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2010.41 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 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 neutral. A longer time frame might give a better analysis.
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 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 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2010.41 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
Click here for further forecast and predictions for tomorrow