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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 5713

Date Daily Closing Price Open High Low Volume
08 Wed Feb 2023 1190.45 1180.00 1196.00 1170.00 1.518 times
07 Tue Feb 2023 1176.10 1173.25 1178.20 1150.25 1.674 times
06 Mon Feb 2023 1161.90 1142.05 1184.35 1142.05 1.242 times
03 Fri Feb 2023 1156.65 1135.00 1163.00 1128.00 0.701 times
02 Thu Feb 2023 1146.20 1134.80 1165.00 1123.05 2.586 times
01 Wed Feb 2023 1149.75 1079.55 1161.30 1079.50 0.902 times
31 Tue Jan 2023 1074.30 1080.00 1088.35 1056.65 0.521 times
30 Mon Jan 2023 1079.00 1102.30 1107.55 1075.85 0.429 times
27 Fri Jan 2023 1102.30 1135.05 1139.50 1087.00 1.427 times
25 Wed Jan 2023 1134.10 1116.70 1144.80 1116.70 0.377 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1201.7, for a target of 1168.4 or 1140.7

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 1056.65
Downside Target 1129.25
Downside Target 1162.80
Downside Target 1165.00
Downside Target 1179.25
Upside Target 1196.00
Upside Target 1202.00
Upside Target 1222.55
Upside Target 1229.00
Upside Target 1240.00

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1156.33
Downside Intraday Target 1122.22
Upside Intraday Target 1210.28
Upside Intraday Target 1230.12
Downside Intraday Target 1176.17

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
08 Wed Feb 2023 1190.45 1142.05 1196.00 1142.05 0.863 times
03 Fri Feb 2023 1156.65 1102.30 1165.00 1056.65 2.338 times
27 Fri Jan 2023 1102.30 1136.25 1148.45 1087.00 1.818 times
20 Fri Jan 2023 1136.25 1139.05 1162.80 1129.25 0.588 times
13 Fri Jan 2023 1144.25 1202.00 1202.00 1134.45 0.455 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
08 Wed Feb 2023 1190.45 1079.55 1196.00 1079.50 0.789 times
31 Tue Jan 2023 1074.30 1210.05 1222.55 1056.65 0.549 times
30 Fri Dec 2022 1215.75 1100.05 1240.00 1086.10 1.196 times
30 Wed Nov 2022 1112.95 1157.85 1179.25 1063.00 0.204 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 Bajaj Elect (BajajElect)

Indicator Name Indicator Value Indicator Signal
ADX 27, 14, 33 Buy
MACD 5, -5Buy
Stochastics 91Buy
CCI 123Buy
RSI 60Buy
OBV 5610Sell
VWAP 1147Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Bajaj Elect ( (BajajElect) ) 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 Bajaj Elect ( (BajajElect) ) 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 Bajaj Elect ( (BajajElect) ) 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 Bajaj Elect ( (BajajElect) ) 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 Bajaj Elect stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Elect 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.

Bajaj Elect 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 moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 Bajaj Elect is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1147.41 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.

Click here for Bajaj Elect charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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