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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 2025-01-10 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 8856

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	196.71	194.02	204.78	192.98	1.446 times
09 Thu Jan 2025	203.14	201.06	209.48	199.09	1.462 times
08 Wed Jan 2025	209.57	207.99	212.00	198.07	1.002 times
07 Tue Jan 2025	208.50	206.01	213.46	201.02	0.383 times
06 Mon Jan 2025	211.41	213.50	217.00	201.80	1.286 times
03 Fri Jan 2025	211.88	205.67	215.95	199.60	1.87 times
02 Thu Jan 2025	205.67	206.50	211.00	197.10	0.76 times
01 Wed Jan 2025	206.50	200.00	207.00	199.90	0.286 times
31 Tue Dec 2024	203.71	197.00	206.39	193.00	1.363 times
30 Mon Dec 2024	196.57	186.80	200.99	186.80	1.066 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 196.1 as stoploss in an intra day buy trade for a target of 202.67. However, stock will show a bearish move below 196.1.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	161.88
Downside Target	183.55
Downside Target	191.66
Upside Target	204.00
Upside Target	215.00
Upside Target	215.95
Upside Target	216.90
Upside Target	217.00
Upside Target	220.05
Upside Target	225.30
Upside Target	229.00

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	187.46
Downside Intraday Target	178.21
Upside Intraday Target	211.48
Upside Intraday Target	226.25
Upside Intraday Target	202.23

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	196.71	213.50	217.00	192.98	1.044 times
03 Fri Jan 2025	211.88	186.80	215.95	186.80	2.039 times
27 Fri Dec 2024	192.57	199.16	204.00	183.55	1.185 times
20 Fri Dec 2024	199.16	215.00	215.00	192.11	0.385 times
13 Fri Dec 2024	208.08	211.00	216.90	196.00	1.065 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
10 Fri Jan 2025	196.71	200.00	217.00	192.98	0.462 times
31 Tue Dec 2024	203.71	212.05	220.05	183.55	1.204 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

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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Mahamaya Steel in short term but the buy 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 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 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 205.23 and Mahamaya Steel (MAHASTEEL_BE) 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_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 negative.

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