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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)

10 day averaged volume of Mahamaya Steel is 18687

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	315.85	315.85	315.85	315.85	0.106 times
29 Thu May 2025	322.30	322.30	322.30	322.30	0.067 times
28 Wed May 2025	328.85	328.85	328.85	322.00	1.129 times
27 Tue May 2025	313.20	299.10	313.70	293.00	2.558 times
26 Mon May 2025	298.80	299.15	299.15	293.00	0.81 times
23 Fri May 2025	298.65	290.00	299.15	289.10	1.041 times
22 Thu May 2025	287.50	274.60	288.30	274.60	1.682 times
21 Wed May 2025	274.60	274.95	279.00	268.00	0.328 times
20 Tue May 2025	268.00	261.10	271.00	261.10	1.034 times
19 Mon May 2025	266.30	261.10	270.00	256.50	0.521 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 303.8, but if it comes below 303.8, then a intra day sell could be more profitable.
If you take a sell trade below 303.8, then use 303.8 as stoploss and 279.61 as target. However if you take a buy trade in stock , then use 303.8 as stoploss and 332.8 as target.

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	256.50
Downside Target	264.00
Downside Target	275.95
Downside Target	286.00
Downside Target	293.00
Downside Target	299.15
Upside Target	328.85

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	296.28
Downside Intraday Target	276.72
Upside Intraday Target	332.13
Upside Intraday Target	348.42
Downside Intraday Target	312.57

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	315.85	299.15	328.85	293.00	1.014 times
23 Fri May 2025	298.65	261.10	299.15	256.50	1.335 times
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

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
30 Fri May 2025	315.85	256.25	328.85	234.00	2.7 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, 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 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 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 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.

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 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 298.61 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.