Loading...

Bajaj Steel Industries Limited

BAJAJST.BO•BSE
Basic Materials
Agricultural Inputs
₹444.00
₹4.35(0.99%)
Indian Market opens in 14h 52m

Bajaj Steel Industries Limited (BAJAJST.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bajaj Steel Industries Limited (BSE:BAJAJST.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BAJAJST.BO Technical Analysis Summary

Bajaj Steel Industries Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.00)
Trend Strength:Moderate (ADX: 24.15)
Volatility:High (ATR: 23.84)
Support/Resistance:$437.39 – $496.38 (Bollinger Bands)

Technical conditions suggest Bajaj Steel Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.00

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 14.92

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.84

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.96

Neutral
Price change is minimal.

Takeaway:Bajaj Steel Industries Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 8.92

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.15

Moderate
Moderate trend, direction gaining strength.

ATR (14): 23.84

Rising
Rising volatility, market activity increasing.

CCI (14): -100.13

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bajaj Steel Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$496.38
Middle Band (SMA 20)
$466.89
Lower Band
$437.39
Current Position
Within Bands

Takeaway:Bajaj Steel Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$497.86
Middle Line (EMA 20)
$450.18
Lower Channel
$402.50
Squeeze Status
Squeeze On

Takeaway:Bajaj Steel Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume28.23K
Money Flow Index66.85Bullish, inflows support continued momentum.
Relative Vigor Index38.12Bearish, price momentum favors sellers.

Overall Takeaway:BAJAJST.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Bajaj Steel Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bajaj Steel Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ