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(MAHASTEEL_BE) Mahamaya Steel complete technical analysis [charts+indicators] | Buy/Sell Mahamaya Steel | (MAHASTEEL_BE) share price targets

Complete technical analysis of Mahamaya Steel (MAHASTEEL_BE) by charts plus indicators, forecast predictions and share price targets for Mahamaya Steel (MAHASTEEL_BE)

Showing technical analysis as on 2024-09-20 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 23908

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	195.00	196.00	196.00	192.10	0.184 times
19 Thu Sep 2024	196.00	200.00	200.00	196.00	0.147 times
18 Wed Sep 2024	200.00	193.06	200.00	193.06	0.596 times
17 Tue Sep 2024	197.00	199.90	199.90	196.40	0.712 times
16 Mon Sep 2024	200.41	202.00	202.00	200.41	0.668 times
13 Fri Sep 2024	204.50	201.00	204.50	201.00	0.517 times
12 Thu Sep 2024	201.00	198.00	201.00	197.86	0.82 times
11 Wed Sep 2024	201.90	205.30	205.30	201.90	1.014 times
10 Tue Sep 2024	205.20	204.03	205.29	196.00	2.582 times
09 Mon Sep 2024	195.52	185.50	197.99	182.10	1.726 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 207.9 as stoploss in an intra day sell trade for a target of 180.42. However, stock will show a bullish move above 207.9.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	96.00
Downside Target	99.20
Downside Target	107.00
Downside Target	111.35
Downside Target	116.00
Downside Target	121.00
Downside Target	161.88
Downside Target	169.67
Downside Target	182.10
Downside Target	186.00
Downside Target	192.00
Downside Target	192.10
Upside Target	202.00
Upside Target	205.30

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	190.73
Downside Intraday Target	186.47
Upside Intraday Target	200.63
Upside Intraday Target	206.27
Upside Intraday Target	196.37

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	195.00	202.00	202.00	192.10	0.346 times
13 Fri Sep 2024	204.50	185.50	205.30	182.10	0.942 times
06 Fri Sep 2024	189.97	169.80	192.00	161.88	1.206 times
30 Fri Aug 2024	173.23	182.00	186.00	169.67	0.884 times
10 Fri May 2024	119.85	108.55	121.00	108.55	3.66 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	195.00	169.80	205.30	161.88	2.735 times
30 Fri Aug 2024	173.23	182.00	186.00	169.67	0.757 times
10 Fri May 2024	119.85	112.10	121.00	107.00	0.578 times
30 Tue Apr 2024	110.45	101.75	116.00	99.20	1.12 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mahamaya Steel (MAHASTEEL_BE)

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mahamaya Steel in short term but the sell signal is initial and weak.

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 green color and prices are above the green 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

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 200.83 and Mahamaya Steel (MAHASTEEL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mahamaya Steel (MAHASTEEL_BE) stock. Volume based technical analysis of Mahamaya Steel (MAHASTEEL_BE) stock is negative.

Mahamaya Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.