(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 12849
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 935.55 | 994.50 | 994.50 | 930.00 | 0.274 times |
| 18 Wed May 2022 | 957.65 | 988.85 | 988.85 | 946.45 | 0.943 times |
| 17 Tue May 2022 | 997.85 | 926.00 | 1049.95 | 920.00 | 3.403 times |
| 16 Mon May 2022 | 913.60 | 914.95 | 926.00 | 905.80 | 0.248 times |
| 13 Fri May 2022 | 909.65 | 940.00 | 940.50 | 895.00 | 0.447 times |
| 12 Thu May 2022 | 917.30 | 911.85 | 936.15 | 875.50 | 1.57 times |
| 11 Wed May 2022 | 928.50 | 982.95 | 982.95 | 913.10 | 1.063 times |
| 10 Tue May 2022 | 979.10 | 1002.05 | 1027.85 | 970.80 | 0.456 times |
| 09 Mon May 2022 | 1010.55 | 1071.90 | 1105.00 | 1000.10 | 1.431 times |
| 06 Fri May 2022 | 1093.85 | 1086.15 | 1099.80 | 1069.25 | 0.236 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 953.5, but if it comes above 953.5, then a intra day buy could be more profitable.
If you take a sell trade below 953.5, then use 953.5 as stoploss and 863 as target. However if you take a buy trade in stock , then use 953.5 as stoploss and 1028.9 as target.
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 875.50 |
| Downside Target | 905.80 |
| Upside Target | 992.15 |
| Upside Target | 1031.00 |
| Upside Target | 1105.00 |
| Upside Target | 1124.05 |
| Upside Target | 1145.45 |
| Upside Target | 1153.45 |
| Upside Target | 1165.40 |
| Upside Target | 1254.75 |
| Upside Target | 1316.95 |
Intraday share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Intraday Target | 877.58 |
| Downside Intraday Target | 819.62 |
| Upside Intraday Target | 1021.73 |
| Upside Intraday Target | 1107.92 |
| Upside Intraday Target | 963.77 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 935.55 | 914.95 | 1049.95 | 905.80 | 0.98 times |
| 13 Fri May 2022 | 909.65 | 1071.90 | 1105.00 | 875.50 | 2.485 times |
| 06 Fri May 2022 | 1093.85 | 1106.95 | 1124.05 | 1069.25 | 1.252 times |
| 29 Fri Apr 2022 | 1098.20 | 1090.00 | 1121.00 | 1072.35 | 0.043 times |
| 22 Fri Apr 2022 | 1090.10 | 1145.00 | 1145.45 | 1061.40 | 10.025 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 |
| 19 Thu May 2022 | 935.55 | 1106.95 | 1124.05 | 875.50 | 0.245 times |
| 29 Fri Apr 2022 | 1098.20 | 1079.00 | 1153.45 | 1061.40 | 2.572 times |
| 31 Thu Mar 2022 | 1075.00 | 1122.15 | 1165.40 | 992.15 | 1.062 times |
| 28 Mon Feb 2022 | 1146.15 | 1213.00 | 1254.75 | 1031.00 | 0.764 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 | 23, 26, 6 | Sell |
| MACD | -73, -62 | Sell |
| Stochastics | 37 | None |
| CCI | -26 | Sell |
| RSI | 49 | Sell |
| OBV | 401501 | Sell |
| VWAP | 970 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining momentum.
MACD generated a SELL signal for Bajaj Elect in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 SELL signal for Bajaj Elect in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 969.73 and Bajaj Elect (BajajElect) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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