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)

10 day averaged volume of Mahamaya Steel is 15610

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	207.40	200.00	207.40	199.95	1.572 times
07 Mon Oct 2024	203.35	206.00	206.00	203.35	0.208 times
04 Fri Oct 2024	207.50	213.00	213.00	207.50	2.104 times
03 Thu Oct 2024	210.68	210.68	210.68	210.00	1.976 times
01 Tue Oct 2024	206.55	204.00	206.55	204.00	0.87 times
30 Mon Sep 2024	202.50	199.00	202.50	199.00	0.364 times
27 Fri Sep 2024	198.90	195.00	198.90	195.00	0.778 times
26 Thu Sep 2024	195.00	192.00	195.00	190.20	1.147 times
25 Wed Sep 2024	192.00	192.10	192.10	191.10	0.881 times
24 Tue Sep 2024	195.00	187.67	195.00	187.67	1.022 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 205.9, but if it comes below 205.9, then a intra day sell could be more profitable.
If you take a sell trade below 205.9, then use 205.9 as stoploss and 200.57 as target. However if you take a buy trade in stock , then use 205.9 as stoploss and 212.3 as target.

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	99.20
Downside Target	107.00
Downside Target	116.00
Downside Target	121.00
Downside Target	161.88
Downside Target	169.67
Downside Target	182.10
Downside Target	186.00
Downside Target	192.10
Downside Target	198.90
Downside Target	205.30
Downside Target	207.40
Upside Target	213.00

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	202.43
Downside Intraday Target	197.47
Upside Intraday Target	209.88
Upside Intraday Target	212.37
Downside Intraday Target	204.92

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	207.40	206.00	207.40	199.95	0.335 times
04 Fri Oct 2024	207.50	199.00	213.00	199.00	1.187 times
27 Fri Sep 2024	198.90	193.00	198.90	187.67	1.268 times
20 Fri Sep 2024	195.00	202.00	202.00	192.10	0.346 times
13 Fri Sep 2024	204.50	185.50	205.30	182.10	0.942 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 Oct 2024	207.40	204.00	213.00	199.95	0.229 times
30 Mon Sep 2024	202.50	169.80	205.30	161.88	3.274 times
30 Fri Aug 2024	173.23	182.00	186.00	169.67	0.757 times
10 Fri May 2024	119.85	112.10	121.00	107.00	0.578 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing 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 203.39 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 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 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.