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 2024-07-22 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 28125

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	99.58	100.05	101.32	98.03	0.439 times
19 Fri Jul 2024	99.97	100.90	103.60	99.50	0.654 times
18 Thu Jul 2024	100.98	100.05	102.72	100.05	0.424 times
16 Tue Jul 2024	101.57	104.00	104.00	100.70	0.969 times
15 Mon Jul 2024	102.19	100.97	104.65	98.99	0.843 times
12 Fri Jul 2024	100.97	100.02	103.79	100.02	0.764 times
11 Thu Jul 2024	100.56	103.40	103.40	99.62	0.982 times
10 Wed Jul 2024	100.50	102.63	102.99	100.09	1.154 times
09 Tue Jul 2024	102.58	102.47	103.61	100.86	0.618 times
08 Mon Jul 2024	102.38	104.95	104.95	96.15	2.488 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.9, but if it comes above 100.9, then a intra day buy could be more profitable.
If you take a sell trade below 100.9, then use 100.9 as stoploss and 98.5 as target. However if you take a buy trade in stock , then use 100.9 as stoploss and 102.89 as target.

Share price targets for Mahamaya Steel (MAHASTEEL)

Target Type	Value
Downside Target	82.60
Downside Target	93.20
Downside Target	96.15
Upside Target	107.30
Upside Target	107.66
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	97.97
Downside Intraday Target	96.35
Upside Intraday Target	101.26
Upside Intraday Target	102.93
Upside Intraday Target	99.64

Weekly technical analysis of Mahamaya Steel (MAHASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	99.58	100.05	101.32	98.03	0.152 times
19 Fri Jul 2024	99.97	100.97	104.65	98.99	0.481 times
12 Fri Jul 2024	100.97	104.95	104.95	96.15	1.344 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

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
22 Mon Jul 2024	99.58	106.50	107.30	96.15	0.622 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 term time period is neutral. A longer time frame might give a better analysis.

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. Bears are getting stronger in this stock.

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

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 101.39 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.