(PanchSteel) Panch Steel complete technical analysis [charts+indicators] | Buy/Sell Panch Steel | (PanchSteel) share price targets
Complete technical analysis of Panch Steel (PanchSteel) by charts plus indicators, forecast predictions and share price targets for Panch Steel (PanchSteel)
10 day averaged volume of Panch Steel is 21543
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 242.70 | 231.00 | 254.00 | 231.00 | 0.326 times |
| 29 Mon Apr 2024 | 245.00 | 240.55 | 249.00 | 232.30 | 0.485 times |
| 26 Fri Apr 2024 | 233.10 | 225.60 | 235.00 | 220.25 | 0.433 times |
| 25 Thu Apr 2024 | 225.60 | 253.50 | 253.50 | 223.10 | 0.871 times |
| 24 Wed Apr 2024 | 246.10 | 219.90 | 248.00 | 215.00 | 1.7 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 218.9, but if it comes below 218.9, then a intra day sell could be more profitable.
If you take a sell trade below 218.9, then use 218.9 as stoploss and 184.92 as target. However if you take a buy trade in stock , then use 218.9 as stoploss and 259.7 as target.
Share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Target | 137.30 |
| Downside Target | 148.00 |
| Downside Target | 158.00 |
| Downside Target | 164.00 |
| Downside Target | 169.90 |
| Downside Target | 174.40 |
| Downside Target | 175.25 |
| Downside Target | 195.00 |
| Downside Target | 231.00 |
| Upside Target | 253.50 |
| Upside Target | 254.00 |
Intraday share price targets for Panch Steel (PanchSteel)
| Target Type | Value |
| Downside Intraday Target | 231.13 |
| Downside Intraday Target | 219.57 |
| Upside Intraday Target | 254.13 |
| Upside Intraday Target | 265.57 |
| Downside Intraday Target | 242.57 |
Weekly technical analysis of Panch Steel (PanchSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 242.70 | 240.55 | 254.00 | 231.00 | 0.113 times |
| 26 Fri Apr 2024 | 233.10 | 182.00 | 253.50 | 175.25 | 3.246 times |
| 19 Fri Apr 2024 | 177.15 | 171.85 | 195.00 | 160.00 | 1.15 times |
| 12 Fri Apr 2024 | 169.50 | 160.80 | 174.40 | 158.00 | 1.67 times |
| 05 Fri Apr 2024 | 160.00 | 149.00 | 165.00 | 148.00 | 3.498 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 Panch Steel (PanchSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 242.70 | 149.00 | 254.00 | 148.00 | 1.262 times |
| 28 Thu Mar 2024 | 145.05 | 148.00 | 164.00 | 137.30 | 2.337 times |
| 29 Thu Feb 2024 | 149.00 | 145.25 | 166.00 | 140.00 | 0.765 times |
| 31 Wed Jan 2024 | 149.00 | 151.95 | 164.90 | 142.20 | 0.972 times |
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 Panch Steel (PanchSteel)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 47, 3, 87 | Buy |
| MACD | 40, 29 | Buy |
| Stochastics | 86 | Buy |
| CCI | 81 | Buy |
| RSI | 70 | Buy |
| OBV | 193418 | Sell |
| VWAP | 212 | Buy |
| ADL | 0 | Sell |
| ROC | 49 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel ( (PanchSteel) ) 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 Panch Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Panch 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.
Panch 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Panch 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
Stock of Panch 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 212 and Panch Steel (PanchSteel) 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 Panch Steel (PanchSteel) stock. Volume based technical analysis of Panch Steel (PanchSteel) stock is negative.
Panch 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.
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