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(MAHASTEEL) Mahamaya Steel complete technical analysis [charts+indicators] | Buy/Sell Mahamaya Steel | (MAHASTEEL) share price targets

Complete technical analysis of Mahamaya Steel (MAHASTEEL) by charts plus indicators, forecast predictions and share price targets for Mahamaya Steel (MAHASTEEL)

Mahamaya Steel trades in NSE in Iron & Steel Products sector.

10 day averaged volume of Mahamaya Steel is 466843

Date Daily Closing Price Open High Low Volume
09 Fri Feb 2024 133.15 141.15 142.05 128.10 0.189 times
08 Thu Feb 2024 141.10 141.50 143.45 138.05 0.31 times
07 Wed Feb 2024 140.40 140.00 144.45 136.55 1.093 times
06 Tue Feb 2024 137.75 131.40 139.00 129.40 0.543 times
05 Mon Feb 2024 133.55 132.60 135.95 127.00 0.399 times
02 Fri Feb 2024 132.50 140.55 144.00 130.95 0.572 times
01 Thu Feb 2024 136.60 137.50 139.95 130.00 0.854 times
31 Wed Jan 2024 137.50 129.95 141.40 126.65 4.645 times
30 Tue Jan 2024 121.15 109.60 123.00 107.75 1.304 times
29 Mon Jan 2024 107.75 109.95 109.95 107.10 0.116 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 134.2 as stoploss in an intra day sell trade for a target of 120.28. However, stock will show a bullish move above 134.2.

Share price targets for Mahamaya Steel (MAHASTEEL)

Target Type Value
Downside Target 70.40
Downside Target 75.15
Downside Target 82.60
Downside Target 87.50
Downside Target 89.40
Downside Target 91.90
Downside Target 98.75
Downside Target 102.95
Downside Target 107.10
Downside Target 113.70
Downside Target 127.00
Upside Target 141.40
Upside Target 144.00
Upside Target 144.45

Intraday share price targets for Mahamaya Steel (MAHASTEEL)

Target Type Value
Downside Intraday Target 125.28
Downside Intraday Target 117.42
Upside Intraday Target 142.73
Upside Intraday Target 152.32
Upside Intraday Target 134.87

Weekly technical analysis of Mahamaya Steel (MAHASTEEL)

Date Weekly Closing Price Open High Low Volume
09 Fri Feb 2024 133.15 132.60 144.45 127.00 0.339 times
02 Fri Feb 2024 132.50 109.95 144.00 107.10 11.556 times
25 Thu Jan 2024 108.50 108.30 113.70 98.75 0.613 times
19 Fri Jan 2024 106.70 109.75 115.00 103.30 0.966 times
12 Fri Jan 2024 108.20 111.00 114.50 102.95 0.14 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)

Date Monthly Closing Price Open High Low Volume
09 Fri Feb 2024 133.15 137.50 144.45 127.00 0.237 times
31 Wed Jan 2024 137.50 82.60 141.40 82.60 7.738 times
29 Fri Dec 2023 84.30 80.25 89.40 76.20 1.136 times
30 Thu Nov 2023 78.75 84.45 87.50 75.15 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)

Price action analysis of Mahamaya Steel ( (MAHASTEEL) ) 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) ) 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) ) 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) ) 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 Strong and stock is losing momentum.

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

Mahamaya Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 134.87 and Mahamaya Steel (MAHASTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mahamaya Steel (MAHASTEEL) stock. Volume based technical analysis of Mahamaya Steel (MAHASTEEL) 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.

Price action analysis of Mahamaya Steel ( (MAHASTEEL) ) 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) ) 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) ) 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) ) 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 Strong and stock is losing momentum.

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

Mahamaya Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 134.87 and Mahamaya Steel (MAHASTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Mahamaya Steel (MAHASTEEL) stock. Volume based technical analysis of Mahamaya Steel (MAHASTEEL) 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.

Click here for Mahamaya Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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