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 10393

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri May 2025	265.70	261.10	268.60	251.25	0.393 times
08 Thu May 2025	263.45	269.95	274.50	260.00	0.575 times
07 Wed May 2025	265.30	270.00	286.00	262.60	1.66 times
06 Tue May 2025	276.05	267.40	276.65	256.00	2.727 times
05 Mon May 2025	263.50	263.75	269.00	260.00	0.944 times
02 Fri May 2025	259.85	256.25	261.75	252.05	0.38 times
30 Wed Apr 2025	257.50	255.00	263.20	249.25	0.17 times
29 Tue Apr 2025	260.55	260.40	264.00	252.70	0.965 times
28 Mon Apr 2025	260.40	260.00	262.00	247.05	1.135 times
25 Fri Apr 2025	253.25	247.85	255.00	238.15	0.861 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 264.1, but if it comes below 264.1, then a intra day sell could be more profitable.
If you take a sell trade below 264.1, then use 264.1 as stoploss and 253.16 as target. However if you take a buy trade in stock , then use 264.1 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	251.25
Downside Target	261.00
Downside Target	264.00
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	249.3
Downside Intraday Target	232.9
Upside Intraday Target	284.05
Upside Intraday Target	302.4
Upside Intraday Target	267.65

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri May 2025	265.70	256.25	286.00	251.25	0.61 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 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 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 Weak and stock is losing 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 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 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 SELL signal for Mahamaya Steel in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 265.58 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.