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 2024-07-10 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 31602

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	100.50	102.63	102.99	100.09	1.027 times
09 Tue Jul 2024	102.58	102.47	103.61	100.86	0.55 times
08 Mon Jul 2024	102.38	104.95	104.95	96.15	2.215 times
05 Fri Jul 2024	104.08	104.06	105.89	102.76	0.981 times
04 Thu Jul 2024	104.05	106.00	106.36	102.98	0.479 times
03 Wed Jul 2024	105.30	104.47	106.00	103.01	0.608 times
02 Tue Jul 2024	104.47	106.99	107.01	103.90	1.271 times
01 Mon Jul 2024	106.38	106.50	107.30	103.00	0.637 times
28 Fri Jun 2024	105.40	104.45	106.00	102.51	0.667 times
27 Thu Jun 2024	104.45	104.03	106.80	101.01	1.408 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 100, for a target of 102.2 or 104.03

Share price targets for Mahamaya Steel (MAHASTEEL)

Target Type	Value
Downside Target	82.60
Downside Target	93.20
Downside Target	96.15
Downside Target	99.50
Upside Target	104.95
Upside Target	107.66
Upside Target	109.10
Upside Target	110.00
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	96.12
Downside Intraday Target	91.73
Upside Intraday Target	104.92
Upside Intraday Target	109.33
Upside Intraday Target	100.53

Weekly technical analysis of Mahamaya Steel (MAHASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	100.50	104.95	104.95	96.15	0.954 times
05 Fri Jul 2024	104.08	106.50	107.30	102.76	0.909 times
28 Fri Jun 2024	105.40	106.94	107.66	101.01	1.156 times
21 Fri Jun 2024	106.58	106.00	109.10	102.42	0.556 times
14 Fri Jun 2024	104.28	102.90	106.87	99.50	1.422 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
10 Wed Jul 2024	100.50	106.50	107.30	96.15	0.393 times
28 Fri Jun 2024	105.40	110.00	110.00	93.20	1.232 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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. Bulls are getting tired and bears 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 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 103.66 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.