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(BajajElect) Bajaj Elect complete technical analysis [charts+indicators] | Buy/Sell Bajaj Elect | (BajajElect) share price targets

Complete technical analysis of Bajaj Elect (BajajElect) by charts plus indicators, forecast predictions and share price targets for Bajaj Elect (BajajElect)

10 day averaged volume of Bajaj Elect is 4585

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 1111.95 1118.45 1118.95 1105.00 0.726 times
02 Fri Dec 2022 1108.65 1113.70 1116.70 1105.75 0.525 times
01 Thu Dec 2022 1113.60 1100.05 1127.20 1100.05 0.592 times
30 Wed Nov 2022 1112.95 1130.00 1147.25 1103.70 0.979 times
29 Tue Nov 2022 1139.75 1136.00 1142.95 1121.20 0.565 times
28 Mon Nov 2022 1135.00 1107.45 1139.35 1103.95 1.247 times
25 Fri Nov 2022 1105.70 1094.00 1121.45 1094.00 1.438 times
24 Thu Nov 2022 1090.10 1080.00 1095.00 1066.75 1.038 times
23 Wed Nov 2022 1067.75 1080.60 1081.00 1063.00 1.588 times
22 Tue Nov 2022 1078.45 1097.50 1100.05 1071.00 0.849 times

My analysis of stock is bearish for shortterm, and stock might move down till 1094.2 or till 1063.9. Use a stoploss of 1119.55 and if the stock hits stoploss, then it can shoot up till 1144.86

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 1003.85
Downside Target 1063.00
Downside Target 1098.00
Upside Target 1136.35
Upside Target 1147.25
Upside Target 1163.60
Upside Target 1169.95
Upside Target 1179.25
Upside Target 1229.00
Upside Target 1255.00
Upside Target 1265.00

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1104.98
Downside Intraday Target 1098.02
Upside Intraday Target 1118.93
Upside Intraday Target 1125.92
Upside Intraday Target 1111.97

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 1111.95 1118.45 1118.95 1105.00 0.186 times
02 Fri Dec 2022 1108.65 1107.45 1147.25 1100.05 0.642 times
25 Fri Nov 2022 1105.70 1103.95 1121.45 1063.00 1.886 times
18 Fri Nov 2022 1108.65 1158.90 1163.60 1098.00 0.554 times
11 Fri Nov 2022 1158.90 1146.45 1169.95 1125.00 1.637 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 Bajaj Elect (BajajElect)

Date Monthly Closing Price Open High Low Volume
05 Mon Dec 2022 1111.95 1100.05 1127.20 1100.05 0.089 times
30 Wed Nov 2022 1112.95 1157.85 1179.25 1063.00 0.204 times
31 Mon Oct 2022 1167.30 1199.90 1229.00 1136.35 1.509 times
30 Fri Sep 2022 1203.60 1224.80 1255.00 1003.85 1.121 times

Scroll below to view daily charts

Price has moved down 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 Bajaj Elect (BajajElect)

Indicator Name Indicator Value Indicator Signal
ADX 17, 19, 7 Sell
MACD -19, -21Buy
Stochastics 57None
CCI 23Buy
RSI 48Sell
OBV -27949Sell
VWAP 1103Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bajaj Elect ( (BajajElect) ) 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 Bajaj Elect ( (BajajElect) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bajaj Elect stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bajaj Elect in short term but the buy signal is initial and weak.

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

Bajaj Elect 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bajaj Elect in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Stock of Bajaj Elect is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1102.98 and Bajaj Elect (BajajElect) 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 Bajaj Elect (BajajElect) stock. Volume based technical analysis of Bajaj Elect (BajajElect) stock is negative.

Bajaj Elect Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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