(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 2024-06-05 View latest technical analysis
10 day averaged volume of Mahamaya Steel is 33707
Date | Daily Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 100.90 | 97.85 | 101.40 | 94.45 | 0.836 times |
04 Tue Jun 2024 | 96.10 | 101.25 | 103.45 | 93.20 | 0.664 times |
03 Mon Jun 2024 | 102.70 | 110.00 | 110.00 | 100.15 | 0.64 times |
31 Fri May 2024 | 102.60 | 103.95 | 103.95 | 99.75 | 0.375 times |
30 Thu May 2024 | 102.10 | 103.55 | 105.55 | 100.25 | 0.502 times |
29 Wed May 2024 | 103.55 | 106.95 | 107.60 | 101.00 | 0.936 times |
28 Tue May 2024 | 105.60 | 114.95 | 114.95 | 103.50 | 1.811 times |
27 Mon May 2024 | 114.40 | 114.50 | 116.30 | 109.95 | 1.018 times |
24 Fri May 2024 | 114.35 | 116.00 | 116.95 | 113.25 | 0.707 times |
23 Thu May 2024 | 116.15 | 108.50 | 118.95 | 108.50 | 2.732 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 101.9, but if it comes above 101.9, then a intra day buy could be more profitable.
If you take a sell trade below 101.9, then use 101.9 as stoploss and 89.4 as target. However if you take a buy trade in stock , then use 101.9 as stoploss and 112.25 as target.
Share price targets for Mahamaya Steel (MAHASTEEL)
Target Type | Value |
Downside Target | 76.20 |
Downside Target | 82.60 |
Downside Target | 89.40 |
Downside Target | 93.20 |
Downside Target | 99.75 |
Upside Target | 108.50 |
Upside Target | 116.30 |
Upside Target | 118.95 |
Upside Target | 127.00 |
Upside Target | 130.00 |
Upside Target | 141.40 |
Upside Target | 144.45 |
Intraday share price targets for Mahamaya Steel (MAHASTEEL)
Target Type | Value |
Downside Intraday Target | 92.73 |
Downside Intraday Target | 84.57 |
Upside Intraday Target | 109.53 |
Upside Intraday Target | 118.17 |
Upside Intraday Target | 101.37 |
Weekly technical analysis of Mahamaya Steel (MAHASTEEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 100.90 | 110.00 | 110.00 | 93.20 | 0.461 times |
31 Fri May 2024 | 102.60 | 114.50 | 116.30 | 99.75 | 0.933 times |
24 Fri May 2024 | 114.35 | 115.30 | 118.95 | 108.50 | 0.92 times |
18 Sat May 2024 | 112.60 | 125.95 | 130.00 | 110.60 | 0.154 times |
09 Fri Feb 2024 | 133.15 | 132.60 | 144.45 | 127.00 | 0.339 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 Mahamaya Steel (MAHASTEEL)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 100.90 | 110.00 | 110.00 | 93.20 | 0.142 times |
31 Fri May 2024 | 102.60 | 125.95 | 130.00 | 99.75 | 0.274 times |
09 Fri Feb 2024 | 133.15 | 137.50 | 144.45 | 127.00 | 0.237 times |
31 Wed Jan 2024 | 137.50 | 82.60 | 141.40 | 82.60 | 7.738 times |
Scroll below to view daily charts
Price has moved down 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 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 Mahamaya Steel ( (MAHASTEEL) ) based on a short 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.
Price action analysis of Mahamaya Steel ( (MAHASTEEL) ) based on a short to mid 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.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mahamaya Steel in short term and the sell signal is strong.
Mahamaya Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mahamaya Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 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 108.25 and Mahamaya Steel (MAHASTEEL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 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 Mahamaya Steel ( (MAHASTEEL) ) based on a short 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.
Price action analysis of Mahamaya Steel ( (MAHASTEEL) ) based on a short to mid 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.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mahamaya Steel in short term and the sell signal is strong.
Mahamaya Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mahamaya Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 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 108.25 and Mahamaya Steel (MAHASTEEL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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Daily charts
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