(MAHASTEEL) Mahamaya Steel complete technical analysis [charts+indicators] | Buy/Sell Mahamaya Steel | (MAHASTEEL) share price targets
Complete technical analysis of Mahamaya Steel (MAHASTEEL) by charts plus indicators, forecast predictions and share price targets for Mahamaya Steel (MAHASTEEL)
Mahamaya Steel trades in NSE in Iron & Steel Products sector.
Showing technical analysis as on 2023-12-29 View latest technical analysis
10 day averaged volume of Mahamaya Steel is 56562
Date | Daily Closing Price | Open | High | Low | Volume |
29 Fri Dec 2023 | 84.30 | 83.95 | 85.30 | 82.05 | 0.502 times |
28 Thu Dec 2023 | 83.05 | 84.80 | 84.80 | 82.45 | 0.451 times |
27 Wed Dec 2023 | 83.45 | 84.40 | 84.50 | 83.20 | 0.486 times |
26 Tue Dec 2023 | 82.95 | 84.10 | 84.80 | 82.15 | 0.294 times |
22 Fri Dec 2023 | 83.55 | 82.65 | 84.10 | 81.85 | 0.578 times |
21 Thu Dec 2023 | 81.05 | 79.40 | 81.75 | 78.95 | 0.329 times |
20 Wed Dec 2023 | 79.40 | 88.00 | 88.00 | 78.25 | 1.057 times |
19 Tue Dec 2023 | 84.75 | 83.95 | 88.90 | 83.95 | 2.579 times |
18 Mon Dec 2023 | 83.90 | 84.00 | 84.80 | 83.05 | 0.642 times |
15 Fri Dec 2023 | 83.30 | 85.40 | 89.40 | 81.10 | 1.437 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 84, but if it comes below 84, then a intra day sell could be more profitable.
If you take a sell trade below 84, then use 84 as stoploss and 81.12 as target. However if you take a buy trade in stock , then use 84 as stoploss and 87.5 as target.
Share price targets for Mahamaya Steel (MAHASTEEL)
Target Type | Value |
Downside Target | 63.00 |
Downside Target | 70.40 |
Downside Target | 75.15 |
Downside Target | 80.20 |
Downside Target | 82.05 |
Upside Target | 84.95 |
Upside Target | 85.30 |
Upside Target | 85.90 |
Upside Target | 87.50 |
Upside Target | 88.90 |
Upside Target | 89.40 |
Upside Target | 91.90 |
Intraday share price targets for Mahamaya Steel (MAHASTEEL)
Target Type | Value |
Downside Intraday Target | 82.47 |
Downside Intraday Target | 80.63 |
Upside Intraday Target | 85.72 |
Upside Intraday Target | 87.13 |
Downside Intraday Target | 83.88 |
Weekly technical analysis of Mahamaya Steel (MAHASTEEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Fri Dec 2023 | 84.30 | 84.10 | 85.30 | 82.05 | 0.334 times |
22 Fri Dec 2023 | 83.55 | 84.00 | 88.90 | 78.25 | 0.621 times |
15 Fri Dec 2023 | 83.30 | 78.10 | 89.40 | 77.45 | 3.976 times |
08 Fri Dec 2023 | 78.10 | 79.05 | 80.20 | 76.20 | 0.693 times |
01 Fri Dec 2023 | 77.55 | 76.95 | 82.50 | 76.05 | 1.296 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 Mahamaya Steel (MAHASTEEL)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Fri Dec 2023 | 84.30 | 80.25 | 89.40 | 76.20 | 1.136 times |
30 Thu Nov 2023 | 78.75 | 84.45 | 87.50 | 75.15 | 0.456 times |
31 Tue Oct 2023 | 85.25 | 82.25 | 91.90 | 70.40 | 3.016 times |
29 Fri Sep 2023 | 81.15 | 71.60 | 84.95 | 71.60 | 0.581 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 Mahamaya Steel (MAHASTEEL)
Price action analysis of Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mahamaya 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.
Mahamaya 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mahamaya Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 Mahamaya 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 83.27 and Mahamaya Steel (MAHASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Mahamaya Steel (MAHASTEEL) stock. Volume based technical analysis of Mahamaya Steel (MAHASTEEL) stock is negative.
Mahamaya Steel Stock has given negative 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel ( (MAHASTEEL) ) 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 Mahamaya Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mahamaya 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.
Mahamaya 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mahamaya Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 Mahamaya 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 83.27 and Mahamaya Steel (MAHASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Mahamaya Steel (MAHASTEEL) stock. Volume based technical analysis of Mahamaya Steel (MAHASTEEL) stock is negative.
Mahamaya Steel Stock has given negative 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 Mahamaya Steel charts
Click here for further forecast and predictions for tomorrow
Daily charts
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