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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 2024-12-17 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 9231

Date Daily Closing Price Open High Low Volume
17 Tue Dec 2024 206.49 204.01 209.45 201.08 1.217 times
16 Mon Dec 2024 211.67 215.00 215.00 205.51 0.216 times
13 Fri Dec 2024 208.08 206.00 208.57 199.50 0.603 times
12 Thu Dec 2024 198.64 206.00 206.00 196.00 1.186 times
11 Wed Dec 2024 205.18 206.00 206.00 203.20 2.863 times
10 Tue Dec 2024 211.03 203.90 212.00 203.90 0.294 times
09 Mon Dec 2024 209.05 211.00 216.90 200.00 0.56 times
06 Fri Dec 2024 209.79 207.79 209.81 199.60 1.092 times
05 Thu Dec 2024 199.82 208.98 208.98 199.50 1.724 times
04 Wed Dec 2024 204.77 214.79 214.79 200.00 1.04 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 205.3 as stoploss in an intra day buy trade for a target of 212.59. However, stock will show a bearish move below 205.3.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type Value
Downside Target 161.88
Downside Target 169.67
Downside Target 186.00
Downside Target 191.66
Downside Target 196.00
Downside Target 205.30
Upside Target 215.00
Upside Target 220.05
Upside Target 223.60
Upside Target 225.00
Upside Target 225.30
Upside Target 229.00

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type Value
Downside Intraday Target 200.05
Downside Intraday Target 193.6
Upside Intraday Target 213.97
Upside Intraday Target 221.44
Upside Intraday Target 207.52

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date Weekly Closing Price Open High Low Volume
17 Tue Dec 2024 206.49 215.00 215.00 201.08 0.26 times
13 Fri Dec 2024 208.08 211.00 216.90 196.00 1.065 times
06 Fri Dec 2024 209.79 212.05 220.05 199.50 2.455 times
29 Fri Nov 2024 221.32 222.30 223.60 208.00 0.442 times
22 Fri Nov 2024 222.31 223.62 225.00 206.15 2.075 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
17 Tue Dec 2024 206.49 212.05 220.05 196.00 0.826 times
29 Fri Nov 2024 221.32 225.44 229.00 206.15 0.646 times
31 Thu Oct 2024 221.00 204.00 225.30 191.66 0.456 times
30 Mon Sep 2024 202.50 169.80 205.30 161.88 3.274 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_BE)

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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_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 SELL. Signal strength is Weak 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 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 BUY signal in short term but buying is losing 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 204.83 and Mahamaya Steel (MAHASTEEL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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 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.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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_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 SELL. Signal strength is Weak 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 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 BUY signal in short term but buying is losing 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 204.83 and Mahamaya Steel (MAHASTEEL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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 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.

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