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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 2024-09-30 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 12504

Date Daily Closing Price Open High Low Volume
30 Mon Sep 2024 202.50 199.00 202.50 199.00 0.454 times
27 Fri Sep 2024 198.90 195.00 198.90 195.00 0.971 times
26 Thu Sep 2024 195.00 192.00 195.00 190.20 1.432 times
25 Wed Sep 2024 192.00 192.10 192.10 191.10 1.099 times
24 Tue Sep 2024 195.00 187.67 195.00 187.67 1.276 times
23 Mon Sep 2024 191.50 193.00 193.00 191.10 0.812 times
20 Fri Sep 2024 195.00 196.00 196.00 192.10 0.352 times
19 Thu Sep 2024 196.00 200.00 200.00 196.00 0.28 times
18 Wed Sep 2024 200.00 193.06 200.00 193.06 1.139 times
17 Tue Sep 2024 197.00 199.90 199.90 196.40 1.362 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 202.7 as stoploss in an intra day sell trade for a target of 195.1. However, stock will show a bullish move above 202.7.

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 116.00
Downside Target 121.00
Downside Target 161.88
Downside Target 169.67
Downside Target 182.10
Downside Target 186.00
Downside Target 192.00
Downside Target 198.90
Downside Target 202.00
Downside Target 202.50
Upside Target 205.30

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type Value
Downside Intraday Target 200.17
Downside Intraday Target 197.83
Upside Intraday Target 203.67
Upside Intraday Target 204.83
Downside Intraday Target 201.33

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date Weekly Closing Price Open High Low Volume
30 Mon Sep 2024 202.50 199.00 202.50 199.00 0.081 times
27 Fri Sep 2024 198.90 193.00 198.90 187.67 1.268 times
20 Fri Sep 2024 195.00 202.00 202.00 192.10 0.346 times
13 Fri Sep 2024 204.50 185.50 205.30 182.10 0.942 times
06 Fri Sep 2024 189.97 169.80 192.00 161.88 1.206 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 Mon Sep 2024 202.50 169.80 205.30 161.88 3.274 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahamaya Steel in short term but the sell signal is initial and weak.

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 but buying is losing 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 196.06 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 falling down

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahamaya Steel in short term but the sell signal is initial and weak.

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 but buying is losing 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 196.06 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 falling down

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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