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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 2025-05-06 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 6780

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue May 2025	276.05	267.40	276.65	256.00	4.179 times
05 Mon May 2025	263.50	263.75	269.00	260.00	1.447 times
02 Fri May 2025	259.85	256.25	261.75	252.05	0.582 times
30 Wed Apr 2025	257.50	255.00	263.20	249.25	0.26 times
29 Tue Apr 2025	260.55	260.40	264.00	252.70	1.48 times
28 Mon Apr 2025	260.40	260.00	262.00	247.05	1.74 times
25 Fri Apr 2025	253.25	247.85	255.00	238.15	1.321 times
24 Thu Apr 2025	249.05	256.00	258.00	242.00	0.893 times
22 Tue Apr 2025	248.55	245.00	254.95	236.00	0.361 times
21 Mon Apr 2025	246.45	261.00	261.00	243.20	0.247 times

Stock of Mahamaya Steel (MAHASTEEL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 272.2, for a target of 260.5 or 250.67

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	256.00
Downside Target	261.00
Downside Target	264.00
Upside Target	276.65
Upside Target	278.25
Upside Target	280.99

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	262.48
Downside Intraday Target	248.92
Upside Intraday Target	283.13
Upside Intraday Target	290.22
Downside Intraday Target	269.57

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue May 2025	276.05	263.75	276.65	256.00	1.385 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
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

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
06 Tue May 2025	276.05	256.25	276.65	252.05	0.37 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Mahamaya Steel in short term and the buy signal is strong.

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

Mahamaya Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 263.74 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.