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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 2025-02-10 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 5766

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	212.12	206.30	212.32	202.50	5.238 times
07 Fri Feb 2025	202.21	201.00	203.82	195.00	3.147 times
06 Thu Feb 2025	194.21	190.89	194.28	190.19	3.587 times
05 Wed Feb 2025	185.03	188.40	189.88	185.00	0.049 times
04 Tue Feb 2025	186.95	191.00	191.00	186.00	0.406 times
03 Mon Feb 2025	188.60	192.99	197.00	185.66	0.229 times
31 Fri Jan 2025	194.74	187.77	195.89	180.71	0.577 times
30 Thu Jan 2025	189.81	196.49	196.49	187.75	0.412 times
29 Wed Jan 2025	197.59	195.00	197.99	184.51	0.047 times
28 Tue Jan 2025	192.99	195.00	202.00	186.10	1.071 times

Stock of Mahamaya Steel (MAHASTEEL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 207.3, for a target of 200.3 or 194.46

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	191.66
Downside Target	201.50
Downside Target	203.82
Downside Target	206.15
Upside Target	212.32
Upside Target	217.00
Upside Target	220.05
Upside Target	225.30
Upside Target	229.00

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	205.64
Downside Intraday Target	199.16
Upside Intraday Target	215.46
Upside Intraday Target	218.8
Downside Intraday Target	208.98

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	212.12	206.30	212.32	202.50	0.706 times
07 Fri Feb 2025	202.21	192.99	203.82	185.00	2.872 times
31 Fri Jan 2025	194.74	194.50	202.00	180.71	0.81 times
24 Fri Jan 2025	196.58	184.01	201.50	181.05	0.989 times
17 Fri Jan 2025	193.51	190.00	202.99	179.53	0.376 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 Mon Feb 2025	212.12	192.99	212.32	185.00	0.574 times
31 Fri Jan 2025	194.74	200.00	217.00	179.53	0.78 times
31 Tue Dec 2024	203.71	212.05	220.05	183.55	1.204 times
29 Fri Nov 2024	221.32	225.44	229.00	206.15	0.646 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) based on a mid to longer 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.

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 but the buy 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 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 red color and prices are in or above the red 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

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 201.77 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.