(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 2024-06-07 View latest technical analysis
10 day averaged volume of Mahamaya Steel is 26925
Date | Daily Closing Price | Open | High | Low | Volume |
07 Fri Jun 2024 | 100.45 | 101.70 | 102.75 | 99.40 | 2.316 times |
06 Thu Jun 2024 | 100.85 | 100.00 | 102.80 | 100.00 | 0.625 times |
05 Wed Jun 2024 | 100.90 | 97.85 | 101.40 | 94.45 | 1.046 times |
04 Tue Jun 2024 | 96.10 | 101.25 | 103.45 | 93.20 | 0.831 times |
03 Mon Jun 2024 | 102.70 | 110.00 | 110.00 | 100.15 | 0.801 times |
31 Fri May 2024 | 102.60 | 103.95 | 103.95 | 99.75 | 0.47 times |
30 Thu May 2024 | 102.10 | 103.55 | 105.55 | 100.25 | 0.628 times |
29 Wed May 2024 | 103.55 | 106.95 | 107.60 | 101.00 | 1.171 times |
28 Tue May 2024 | 105.60 | 114.95 | 114.95 | 103.50 | 2.268 times |
27 Mon May 2024 | 114.40 | 114.50 | 116.30 | 109.95 | 1.275 times |
Stock of Mahamaya Steel (MAHASTEEL) has showed a significant fall. This could be a good time to exit from this stock.
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 94 as target. However if you take a buy trade in stock , then use 101.9 as stoploss and 108.6 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 | 92.43 |
Downside Intraday Target | 84.42 |
Upside Intraday Target | 109.23 |
Upside Intraday Target | 118.02 |
Upside Intraday Target | 101.22 |
Weekly technical analysis of Mahamaya Steel (MAHASTEEL)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Fri Jun 2024 | 100.45 | 110.00 | 110.00 | 93.20 | 0.967 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 |
07 Fri Jun 2024 | 100.45 | 110.00 | 110.00 | 93.20 | 0.299 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahamaya Steel in short term and SELL 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 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 103.43 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahamaya Steel in short term and SELL 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 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 103.43 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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