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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 2025-05-16 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 11845

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	262.55	255.00	264.70	242.80	1.307 times
15 Thu May 2025	252.10	244.70	256.90	234.00	2.653 times
14 Wed May 2025	244.70	255.00	259.45	243.95	0.929 times
13 Tue May 2025	256.75	267.95	267.95	255.05	0.291 times
12 Mon May 2025	267.95	265.70	275.95	258.00	0.266 times
09 Fri May 2025	265.70	261.10	268.60	251.25	0.345 times
08 Thu May 2025	263.45	269.95	274.50	260.00	0.505 times
07 Wed May 2025	265.30	270.00	286.00	262.60	1.457 times
06 Tue May 2025	276.05	267.40	276.65	256.00	2.392 times
05 Mon May 2025	263.50	263.75	269.00	260.00	0.828 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 266 as stoploss in an intra day sell trade for a target of 257.15. However, stock will show a bullish move above 266.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	185.00
Downside Target	217.00
Downside Target	221.90
Downside Target	232.00
Downside Target	245.50
Downside Target	261.00
Upside Target	264.00
Upside Target	275.95
Upside Target	278.25
Upside Target	280.99
Upside Target	286.00

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	239.05
Downside Intraday Target	215.55
Upside Intraday Target	281
Upside Intraday Target	299.45
Downside Intraday Target	257.5

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	262.55	265.70	275.95	234.00	0.985 times
09 Fri May 2025	265.70	263.75	286.00	251.25	2.377 times
02 Fri May 2025	259.85	260.00	264.00	247.05	1.44 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

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
16 Fri May 2025	262.55	256.25	286.00	234.00	1.177 times
30 Wed Apr 2025	257.50	272.95	278.25	221.90	2.099 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

Scroll below to view daily charts

Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

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

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 262.01 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.