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 2025-03-06 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 2802

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	239.70	235.00	239.70	235.00	0.157 times
05 Wed Mar 2025	235.00	235.50	235.50	234.17	0.43 times
04 Tue Mar 2025	238.95	237.81	238.95	234.23	0.979 times
03 Mon Mar 2025	239.00	237.75	239.00	237.75	0.272 times
28 Fri Feb 2025	239.00	240.00	240.00	236.00	0.347 times
27 Thu Feb 2025	240.00	243.00	243.00	240.00	0.505 times
25 Tue Feb 2025	242.00	245.45	245.50	242.00	0.668 times
24 Mon Feb 2025	245.45	241.00	245.45	241.00	1.1 times
21 Fri Feb 2025	241.00	240.00	241.00	238.00	3.428 times
20 Thu Feb 2025	241.00	240.00	241.00	240.00	0.771 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 245.3 as stoploss in an intra day sell trade for a target of 231.84. However, stock will show a bullish move above 245.3.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	183.55
Downside Target	202.50
Downside Target	217.00
Downside Target	229.00
Downside Target	233.80
Downside Target	234.17
Downside Target	236.00
Downside Target	239.70
Upside Target	241.00
Upside Target	245.50

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	236.01
Downside Intraday Target	232.33
Upside Intraday Target	241.54
Upside Intraday Target	243.39
Downside Intraday Target	237.86

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	239.70	237.75	239.70	234.17	0.702 times
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

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
06 Thu Mar 2025	239.70	237.75	239.70	234.17	0.019 times
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

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 240.89 and Mahamaya Steel (MAHASTEEL_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.