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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 2025-04-22 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 6557

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Apr 2025	248.55	245.00	254.95	236.00	0.373 times
21 Mon Apr 2025	246.45	261.00	261.00	243.20	0.256 times
17 Thu Apr 2025	249.65	239.60	250.00	230.60	1.726 times
16 Wed Apr 2025	239.60	228.85	242.75	221.90	1.931 times
15 Tue Apr 2025	233.55	245.65	245.65	233.40	1.409 times
11 Fri Apr 2025	245.65	245.00	249.45	235.60	0.155 times
09 Wed Apr 2025	244.40	235.50	245.95	234.05	0.684 times
08 Tue Apr 2025	235.50	251.00	251.00	232.95	0.635 times
07 Mon Apr 2025	245.20	235.90	251.00	235.90	1.907 times
04 Fri Apr 2025	248.30	247.90	250.00	239.00	0.252 times

My analysis of stock is bearish for shortterm, and stock might move down till 240.1 or till 229.6. Use a stoploss of 248.86 and if the stock hits stoploss, then it can shoot up till 257.62

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	183.55
Downside Target	217.00
Downside Target	232.00
Downside Target	245.00
Upside Target	250.00
Upside Target	251.00
Upside Target	261.00
Upside Target	278.25
Upside Target	280.99

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	236.03
Downside Intraday Target	223.52
Upside Intraday Target	261.03
Upside Intraday Target	273.52
Downside Intraday Target	248.52

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Apr 2025	248.55	261.00	261.00	236.00	0.124 times
17 Thu Apr 2025	249.65	245.65	250.00	221.90	1.498 times
11 Fri Apr 2025	245.65	235.90	251.00	232.95	1.413 times
04 Fri Apr 2025	248.30	272.95	278.25	238.20	0.538 times
28 Fri Mar 2025	265.02	250.00	280.99	245.00	2.725 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
22 Tue Apr 2025	248.55	272.95	278.25	221.90	1.387 times
28 Fri Mar 2025	265.02	237.75	280.99	232.00	0.203 times
28 Fri Feb 2025	239.00	192.99	245.50	185.00	2.1 times
31 Fri Jan 2025	194.74	200.00	217.00	179.53	0.78 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahamaya Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Mahamaya Steel in short term but SELL signal is weak.

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 242.65 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 positive

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