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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 2025-05-20 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 12992

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue May 2025	268.00	261.10	271.00	261.10	1.488 times
19 Mon May 2025	266.30	261.10	270.00	256.50	0.75 times
16 Fri May 2025	262.55	255.00	264.70	242.80	1.192 times
15 Thu May 2025	252.10	244.70	256.90	234.00	2.419 times
14 Wed May 2025	244.70	255.00	259.45	243.95	0.847 times
13 Tue May 2025	256.75	267.95	267.95	255.05	0.265 times
12 Mon May 2025	267.95	265.70	275.95	258.00	0.242 times
09 Fri May 2025	265.70	261.10	268.60	251.25	0.315 times
08 Thu May 2025	263.45	269.95	274.50	260.00	0.46 times
07 Wed May 2025	265.30	270.00	286.00	262.60	1.328 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 267.5, but if it comes below 267.5, then a intra day sell could be more profitable.
If you take a sell trade below 267.5, then use 267.5 as stoploss and 259.4 as target. However if you take a buy trade in stock , then use 267.5 as stoploss and 277.2 as target.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	179.53
Downside Target	185.00
Downside Target	217.00
Downside Target	221.90
Downside Target	232.00
Downside Target	245.50
Downside Target	256.50
Upside Target	271.00
Upside Target	275.95
Upside Target	278.25
Upside Target	280.99
Upside Target	286.00

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	259.33
Downside Intraday Target	250.67
Upside Intraday Target	273.83
Upside Intraday Target	279.67
Downside Intraday Target	265.17

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue May 2025	268.00	261.10	271.00	256.50	0.451 times
16 Fri May 2025	262.55	265.70	275.95	234.00	0.985 times
09 Fri May 2025	265.70	263.75	286.00	251.25	2.377 times
02 Fri May 2025	259.85	260.00	264.00	247.05	1.44 times
25 Fri Apr 2025	253.25	261.00	261.00	236.00	0.576 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
20 Tue May 2025	268.00	256.25	286.00	234.00	1.432 times
30 Wed Apr 2025	257.50	272.95	278.25	221.90	2.099 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) based on a short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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. Bulls 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 259.9 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.