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 2025-04-17 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 5976

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	249.65	239.60	250.00	230.60	1.894 times
16 Wed Apr 2025	239.60	228.85	242.75	221.90	2.119 times
15 Tue Apr 2025	233.55	245.65	245.65	233.40	1.546 times
11 Fri Apr 2025	245.65	245.00	249.45	235.60	0.171 times
09 Wed Apr 2025	244.40	235.50	245.95	234.05	0.751 times
08 Tue Apr 2025	235.50	251.00	251.00	232.95	0.697 times
07 Mon Apr 2025	245.20	235.90	251.00	235.90	2.092 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	1.146 times
02 Wed Apr 2025	247.65	246.40	255.35	246.00	0.207 times

My analysis of stock is bullish for shortterm, and stock might move up till 257.3 or till 268.2. Use a stoploss of 248.11 and if this stock hits its stoploss, then it can fall down till 238.96

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	238.20
Downside Target	245.00
Downside Target	245.50
Upside Target	250.00
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	231.03
Downside Intraday Target	212.42
Upside Intraday Target	259.13
Upside Intraday Target	268.62
Downside Intraday Target	240.52

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	249.65	245.65	250.00	221.90	1.498 times
11 Fri Apr 2025	245.65	235.90	251.00	232.95	1.413 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

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
17 Thu Apr 2025	249.65	272.95	278.25	221.90	1.311 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 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 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 SELL. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 243.07 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 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 positive

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