Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-14 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 8979

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	189.14	188.98	196.98	179.53	0.953 times
13 Mon Jan 2025	188.98	190.00	190.00	186.87	0.278 times
10 Fri Jan 2025	196.71	194.02	204.78	192.98	1.426 times
09 Thu Jan 2025	203.14	201.06	209.48	199.09	1.442 times
08 Wed Jan 2025	209.57	207.99	212.00	198.07	0.988 times
07 Tue Jan 2025	208.50	206.01	213.46	201.02	0.378 times
06 Mon Jan 2025	211.41	213.50	217.00	201.80	1.268 times
03 Fri Jan 2025	211.88	205.67	215.95	199.60	1.844 times
02 Thu Jan 2025	205.67	206.50	211.00	197.10	0.749 times
01 Wed Jan 2025	206.50	200.00	207.00	199.90	0.282 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 193.3, but if it comes above 193.3, then a intra day buy could be more profitable.
If you take a sell trade below 193.3, then use 193.3 as stoploss and 184.7 as target. However if you take a buy trade in stock , then use 193.3 as stoploss and 200.59 as target.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	161.88
Downside Target	179.53
Downside Target	183.55
Upside Target	191.66
Upside Target	196.98
Upside Target	204.00
Upside Target	215.00
Upside Target	215.95
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	180.12
Downside Intraday Target	171.1
Upside Intraday Target	197.57
Upside Intraday Target	206
Downside Intraday Target	188.55

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	189.14	190.00	196.98	179.53	0.224 times
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

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
14 Tue Jan 2025	189.14	200.00	217.00	179.53	0.53 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 204.33 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 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.