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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 2024-09-10 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 39940

Date Daily Closing Price Open High Low Volume
10 Tue Sep 2024 205.20 204.03 205.29 196.00 1.546 times
09 Mon Sep 2024 195.52 185.50 197.99 182.10 1.033 times
06 Fri Sep 2024 189.97 183.66 192.00 180.05 0.729 times
05 Thu Sep 2024 183.66 182.48 189.68 179.00 0.623 times
04 Wed Sep 2024 182.48 171.45 183.20 170.01 1.092 times
03 Tue Sep 2024 174.48 171.00 177.00 161.88 0.913 times
02 Mon Sep 2024 170.19 169.80 174.00 165.00 0.874 times
30 Fri Aug 2024 173.23 179.00 179.00 169.67 1.305 times
29 Thu Aug 2024 178.60 182.00 186.00 175.76 2.205 times
10 Fri May 2024 119.85 117.35 120.85 117.00 0.457 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 180.9, but if it comes below 180.9, then a intra day sell could be more profitable.
If you take a sell trade below 180.9, then use 180.9 as stoploss and 145.13 as target. However if you take a buy trade in stock , then use 180.9 as stoploss and 223.8 as target.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type Value
Downside Target 96.00
Downside Target 99.20
Downside Target 107.00
Downside Target 111.35
Downside Target 114.95
Downside Target 121.00
Downside Target 161.88
Downside Target 169.67
Downside Target 182.10
Downside Target 186.00
Downside Target 192.00
Upside Target 205.29

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type Value
Downside Intraday Target 189.77
Downside Intraday Target 174.34
Upside Intraday Target 212.96
Upside Intraday Target 220.72
Downside Intraday Target 197.53

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date Weekly Closing Price Open High Low Volume
10 Tue Sep 2024 205.20 185.50 205.29 182.10 0.609 times
06 Fri Sep 2024 189.97 169.80 192.00 161.88 1.206 times
30 Fri Aug 2024 173.23 182.00 186.00 169.67 0.884 times
10 Fri May 2024 119.85 108.55 121.00 108.55 3.66 times
03 Fri May 2024 108.15 114.95 114.95 107.00 0.726 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
10 Tue Sep 2024 205.20 169.80 205.29 161.88 1.94 times
30 Fri Aug 2024 173.23 182.00 186.00 169.67 0.757 times
10 Fri May 2024 119.85 112.10 121.00 107.00 0.578 times
30 Tue Apr 2024 110.45 101.75 116.00 99.20 1.12 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 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 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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mahamaya Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 181.32 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.

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 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 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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mahamaya Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 181.32 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.

Click here for Mahamaya Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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