Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-14 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 32247

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	104.28	101.25	106.87	100.37	1.753 times
13 Thu Jun 2024	101.07	102.50	102.50	100.03	0.612 times
12 Wed Jun 2024	100.20	102.80	104.00	99.50	2.657 times
11 Tue Jun 2024	102.69	103.00	103.00	100.54	0.961 times
10 Mon Jun 2024	101.70	102.90	102.90	100.70	0.686 times
07 Fri Jun 2024	100.45	101.70	102.75	99.40	1.934 times
06 Thu Jun 2024	100.85	100.00	102.80	100.00	0.522 times
05 Wed Jun 2024	100.90	97.85	101.40	94.45	0.874 times
04 Tue Jun 2024	96.10	101.25	103.45	93.20	0.694 times
03 Mon Jun 2024	102.70	110.00	110.00	100.15	0.669 times

My analysis of stock is bearish for shortterm, and stock might move down till 99.5 or till 92.7. Use a stoploss of 105.26 and if the stock hits stoploss, then it can shoot up till 110.97

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	106.87
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	100.23
Downside Intraday Target	96.18
Upside Intraday Target	107.6
Upside Intraday Target	110.92
Downside Intraday Target	103.55

Weekly technical analysis of Mahamaya Steel (MAHASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	104.28	102.90	106.87	99.50	1.422 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 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
14 Fri Jun 2024	104.28	110.00	110.00	93.20	0.723 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Mahamaya Steel in short term and the sell 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. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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 101.2 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 rising upwards.

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 is giving positive 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.