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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 2025-04-28 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 6202

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Apr 2025	260.40	260.00	262.00	247.05	1.902 times
25 Fri Apr 2025	253.25	247.85	255.00	238.15	1.444 times
24 Thu Apr 2025	249.05	256.00	258.00	242.00	0.976 times
22 Tue Apr 2025	248.55	245.00	254.95	236.00	0.394 times
21 Mon Apr 2025	246.45	261.00	261.00	243.20	0.27 times
17 Thu Apr 2025	249.65	239.60	250.00	230.60	1.825 times
16 Wed Apr 2025	239.60	228.85	242.75	221.90	2.041 times
15 Tue Apr 2025	233.55	245.65	245.65	233.40	1.49 times
11 Fri Apr 2025	245.65	245.00	249.45	235.60	0.164 times
09 Wed Apr 2025	244.40	235.50	245.95	234.05	0.723 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 259.2, but if it comes below 259.2, then a intra day sell could be more profitable.
If you take a sell trade below 259.2, then use 259.2 as stoploss and 250.26 as target. However if you take a buy trade in stock , then use 259.2 as stoploss and 269.9 as target.

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	245.50
Downside Target	250.00
Downside Target	251.00
Upside Target	261.00
Upside Target	262.00
Upside Target	278.25
Upside Target	280.99

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	250.97
Downside Intraday Target	241.53
Upside Intraday Target	265.92
Upside Intraday Target	271.43
Downside Intraday Target	256.48

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Apr 2025	260.40	260.00	262.00	247.05	0.617 times
25 Fri Apr 2025	253.25	261.00	261.00	236.00	0.576 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

Price has moved up 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
28 Mon Apr 2025	260.40	272.95	278.25	221.90	1.881 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, 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 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 short 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 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 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 gaining momentum.

MACD generated a BUY signal for Mahamaya Steel in short term and the buy signal is strong.

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 buy signal for Mahamaya Steel in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 247.41 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 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.