Stock analysis Mahamaya Steel MAHASTEEL
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Recent prices of MAHASTEEL Mahamaya Steel are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 28 Wed Aug 2024 | 185.02 | 174.28 to 185.97 | 2.18% | 0.62 times |
| 27 Tue Aug 2024 | 181.08 | 172.00 to 182.00 | 2.71% | 0.55 times |
| 26 Mon Aug 2024 | 176.30 | 163.00 to 177.40 | 8.79% | 0.8 times |
| 23 Fri Aug 2024 | 162.06 | 153.00 to 163.00 | 2.4% | 0.77 times |
| 22 Thu Aug 2024 | 158.26 | 145.00 to 159.50 | 7.29% | 1.5 times |
| 21 Wed Aug 2024 | 147.51 | 129.05 to 151.99 | 0% | 2.29 times |
| 21 Wed Aug 2024 | 147.51 | 129.05 to 151.99 | 13.12% | 2.29 times |
| 20 Tue Aug 2024 | 130.40 | 120.95 to 131.00 | 5.18% | 0.75 times |
| 19 Mon Aug 2024 | 123.98 | 119.22 to 124.40 | 3.84% | 0.47 times |
| 16 Fri Aug 2024 | 119.39 | 114.00 to 123.50 | 0.89% | 0.25 times |
| 14 Wed Aug 2024 | 118.34 | 111.00 to 122.50 | -0.45% | 0.35 times |
| 13 Tue Aug 2024 | 118.87 | 114.95 to 120.65 | -0.32% | 0.14 times |
Technical analysis forecast of Mahamaya Steel Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mahamaya Steel MAHASTEEL at this time. Stock is rising and might rise more.
It appears as if Mahamaya Steel MAHASTEEL gave a large move recently.
Stock of Mahamaya Steel (MAHASTEEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Mahamaya Steel is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mahamaya Steel stays above 167.7, but if it comes below 167.7, then a intra day sell could be more profitable.
If you take a sell trade below 167.7, then use 167.7 as stoploss and 140.98 as target. However if you take a buy trade in Mahamaya Steel, then use 167.7 as stoploss and 199.7 as target.