(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 2024-09-06 View latest technical analysis
10 day averaged volume of Bajaj Steel is 8375
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 2430.95 | 2200.00 | 2445.00 | 2200.00 | 4.114 times |
| 05 Thu Sep 2024 | 2196.95 | 2125.00 | 2225.00 | 2125.00 | 1.564 times |
| 04 Wed Sep 2024 | 2117.40 | 2025.00 | 2139.00 | 1961.25 | 1.1 times |
| 03 Tue Sep 2024 | 2026.20 | 2170.00 | 2170.00 | 2010.00 | 1.612 times |
| 02 Mon Sep 2024 | 2147.90 | 2172.00 | 2199.95 | 2130.00 | 1.127 times |
| 30 Fri Aug 2024 | 2117.00 | 2045.00 | 2120.00 | 2032.00 | 1.25 times |
| 29 Thu Aug 2024 | 2025.90 | 2002.00 | 2039.70 | 2002.00 | 0.698 times |
| 28 Wed Aug 2024 | 2001.35 | 1993.90 | 2051.95 | 1984.95 | 0.925 times |
| 27 Tue Aug 2024 | 1995.40 | 2049.90 | 2051.95 | 1975.00 | 0.77 times |
| 26 Mon Aug 2024 | 2003.60 | 2045.00 | 2051.95 | 1961.00 | 0.379 times |
Stock of Bajaj Steel (BajajSteel) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2303.3, for a target of 2169.8 or 2058.53
Share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Target | 1210.60 |
| Downside Target | 1240.00 |
| Downside Target | 1555.00 |
| Downside Target | 1617.70 |
| Downside Target | 1665.90 |
| Downside Target | 1764.30 |
| Downside Target | 1864.30 |
| Downside Target | 1915.00 |
| Downside Target | 2097.80 |
| Downside Target | 2190.00 |
| Downside Target | 2281.00 |
| Upside Target | 2445.00 |
Intraday share price targets for Bajaj Steel (BajajSteel)
| Target Type | Value |
| Downside Intraday Target | 2113.13 |
| Downside Intraday Target | 1795.32 |
| Upside Intraday Target | 2596.88 |
| Upside Intraday Target | 2762.82 |
| Downside Intraday Target | 2279.07 |
Weekly technical analysis of Bajaj Steel (BajajSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 2430.95 | 2172.00 | 2445.00 | 1961.25 | 2.366 times |
| 30 Fri Aug 2024 | 2117.00 | 2045.00 | 2120.00 | 1961.00 | 1.101 times |
| 23 Fri Aug 2024 | 2021.10 | 2050.00 | 2097.80 | 1915.00 | 1.463 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bajaj Steel (BajajSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 2430.95 | 2172.00 | 2445.00 | 1961.25 | 0.409 times |
| 30 Fri Aug 2024 | 2117.00 | 1850.00 | 2281.00 | 1764.30 | 0.835 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 |
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 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 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 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term and BUY signal is strong.
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 2190.74 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 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 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 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Steel in short term and BUY signal is strong.
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 2190.74 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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