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(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 2024-06-12 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 26552

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	100.20	102.80	104.00	99.50	3.227 times
11 Tue Jun 2024	102.69	103.00	103.00	100.54	1.167 times
10 Mon Jun 2024	101.70	102.90	102.90	100.70	0.833 times
07 Fri Jun 2024	100.45	101.70	102.75	99.40	2.348 times
06 Thu Jun 2024	100.85	100.00	102.80	100.00	0.634 times
05 Wed Jun 2024	100.90	97.85	101.40	94.45	1.061 times
04 Tue Jun 2024	96.10	101.25	103.45	93.20	0.842 times
03 Mon Jun 2024	102.70	110.00	110.00	100.15	0.812 times
31 Fri May 2024	102.60	103.95	103.95	99.75	0.476 times
30 Thu May 2024	102.10	103.55	105.55	100.25	0.637 times

Stock of Mahamaya Steel (MAHASTEEL) has showed a significant fall. This could be a good time to exit from this stock.

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	99.50
Upside Target	104.00
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	98.47
Downside Intraday Target	96.73
Upside Intraday Target	102.97
Upside Intraday Target	105.73
Upside Intraday Target	101.23

Weekly technical analysis of Mahamaya Steel (MAHASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	100.20	102.90	104.00	99.50	0.917 times
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

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
12 Wed Jun 2024	100.20	110.00	110.00	93.20	0.573 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 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 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 negative zone. This is the SELL zone

Stock of Mahamaya Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.77 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.