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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 2025-04-07 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 4971

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	245.20	235.90	251.00	235.90	2.515 times
04 Fri Apr 2025	248.30	247.90	250.00	239.00	0.332 times
03 Thu Apr 2025	248.80	238.20	253.55	238.20	1.378 times
02 Wed Apr 2025	247.65	246.40	255.35	246.00	0.248 times
01 Tue Apr 2025	257.85	272.95	278.25	253.25	1.198 times
28 Fri Mar 2025	265.02	266.00	272.49	251.26	0.993 times
26 Wed Mar 2025	260.70	280.99	280.99	255.12	0.934 times
25 Tue Mar 2025	268.55	257.01	269.50	257.01	1.193 times
24 Mon Mar 2025	257.01	250.00	257.25	245.00	2.743 times
21 Fri Mar 2025	245.00	244.90	245.10	240.00	0.504 times

Stock of Mahamaya Steel (MAHASTEEL_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 238.1 or till 227. Use a stoploss of 247.4 and if the stock hits stoploss, then it can shoot up till 256.67

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	183.55
Downside Target	217.00
Downside Target	232.00
Downside Target	245.00
Downside Target	245.10
Upside Target	245.50
Upside Target	251.00
Upside Target	278.25
Upside Target	280.99

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	237.07
Downside Intraday Target	228.93
Upside Intraday Target	252.17
Upside Intraday Target	259.13
Downside Intraday Target	244.03

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	245.20	235.90	251.00	235.90	0.797 times
04 Fri Apr 2025	248.30	272.95	278.25	238.20	0.538 times
28 Fri Mar 2025	265.02	250.00	280.99	245.00	2.725 times
21 Fri Mar 2025	245.00	241.00	245.10	239.80	1.266 times
13 Thu Mar 2025	241.00	237.50	241.00	232.00	1.424 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
07 Mon Apr 2025	245.20	272.95	278.25	235.90	0.52 times
28 Fri Mar 2025	265.02	237.75	280.99	232.00	0.203 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

Scroll below to view daily charts

Price has moved down 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 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 Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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

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 254.84 and Mahamaya Steel (MAHASTEEL_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.