Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-28 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 10230

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	239.00	240.00	240.00	236.00	0.095 times
27 Thu Feb 2025	240.00	243.00	243.00	240.00	0.138 times
25 Tue Feb 2025	242.00	245.45	245.50	242.00	0.183 times
24 Mon Feb 2025	245.45	241.00	245.45	241.00	0.301 times
21 Fri Feb 2025	241.00	240.00	241.00	238.00	0.939 times
20 Thu Feb 2025	241.00	240.00	241.00	240.00	0.211 times
19 Wed Feb 2025	240.00	240.00	240.00	240.00	0.411 times
18 Tue Feb 2025	237.66	229.00	237.66	229.00	2.107 times
17 Mon Feb 2025	233.00	233.80	234.54	233.00	0.397 times
14 Fri Feb 2025	230.00	230.00	230.00	228.50	3.349 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 243.1 as stoploss in an intra day sell trade for a target of 221.97. However, stock will show a bullish move above 243.1.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	191.66
Downside Target	202.00
Downside Target	217.00
Downside Target	225.30
Downside Target	229.00
Downside Target	233.80
Downside Target	236.00
Upside Target	241.00
Upside Target	245.50

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	234.83
Downside Intraday Target	230.67
Upside Intraday Target	244.33
Upside Intraday Target	249.67
Upside Intraday Target	240.17

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	239.00	241.00	245.50	236.00	0.177 times
21 Fri Feb 2025	241.00	233.80	241.00	229.00	0.237 times
14 Fri Feb 2025	230.00	206.30	233.80	202.50	4.096 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

Price has moved down 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
28 Fri Feb 2025	239.00	192.99	245.50	185.00	2.1 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, 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 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_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.

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 and SELL 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 235.31 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.