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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 2025-04-08 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 5984

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	235.50	251.00	251.00	232.95	0.696 times
07 Mon Apr 2025	245.20	235.90	251.00	235.90	2.089 times
04 Fri Apr 2025	248.30	247.90	250.00	239.00	0.276 times
03 Thu Apr 2025	248.80	238.20	253.55	238.20	1.145 times
02 Wed Apr 2025	247.65	246.40	255.35	246.00	0.206 times
01 Tue Apr 2025	257.85	272.95	278.25	253.25	0.995 times
28 Fri Mar 2025	265.02	266.00	272.49	251.26	0.825 times
26 Wed Mar 2025	260.70	280.99	280.99	255.12	0.776 times
25 Tue Mar 2025	268.55	257.01	269.50	257.01	0.991 times
24 Mon Mar 2025	257.01	250.00	257.25	245.00	2.279 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 237.7, but if it comes above 237.7, then a intra day buy could be more profitable.
If you take a sell trade below 237.7, then use 237.7 as stoploss and 226.3 as target. However if you take a buy trade in stock , then use 237.7 as stoploss and 247.19 as target.

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
Upside Target	238.20
Upside 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	228.63
Downside Intraday Target	221.77
Upside Intraday Target	246.68
Upside Intraday Target	257.87
Upside Intraday Target	239.82

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	235.50	235.90	251.00	232.95	1.062 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
08 Tue Apr 2025	235.50	272.95	278.25	232.95	0.597 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 getting stronger in this stock.

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 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 253.93 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.