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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)

Showing technical analysis as on 2022-04-27 View latest technical analysis

10 day averaged volume of Bajaj Elect is 53160

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 1081.05 1092.05 1094.35 1075.25 0.045 times
26 Tue Apr 2022 1091.45 1098.00 1121.00 1083.90 0.03 times
25 Mon Apr 2022 1088.60 1090.00 1098.05 1072.35 0.08 times
22 Fri Apr 2022 1090.10 1103.90 1106.00 1081.90 0.083 times
21 Thu Apr 2022 1095.10 1099.90 1108.25 1082.90 8.488 times
20 Wed Apr 2022 1072.45 1072.25 1111.45 1061.40 0.114 times
19 Tue Apr 2022 1095.35 1145.00 1145.00 1070.00 0.178 times
18 Mon Apr 2022 1119.25 1145.00 1145.45 1105.00 0.13 times
13 Wed Apr 2022 1138.95 1150.00 1152.40 1132.25 0.243 times
12 Tue Apr 2022 1141.15 1144.00 1153.45 1118.05 0.179 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1075.6 as stoploss in an intra day buy trade for a target of 1097.6. However, stock will show a bearish move below 1075.6.

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 992.15
Downside Target 1015.75
Downside Target 1061.40
Upside Target 1130.90
Upside Target 1145.45
Upside Target 1153.45
Upside Target 1165.40
Upside Target 1254.75
Upside Target 1316.95
Upside Target 1378.00

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1061.93
Downside Intraday Target 1042.82
Upside Intraday Target 1110.58
Upside Intraday Target 1140.12
Upside Intraday Target 1091.47

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 1081.05 1090.00 1121.00 1072.35 0.017 times
22 Fri Apr 2022 1090.10 1145.00 1145.45 1061.40 10.025 times
13 Wed Apr 2022 1138.95 1107.00 1153.45 1096.55 0.689 times
08 Fri Apr 2022 1090.00 1087.00 1130.90 1077.60 1.353 times
01 Fri Apr 2022 1079.50 1039.80 1104.05 1026.00 0.975 times

Price has moved down 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
27 Wed Apr 2022 1081.05 1079.00 1153.45 1061.40 2.521 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
31 Mon Jan 2022 1198.25 1286.00 1316.95 1106.15 0.331 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bajaj Elect (BajajElect)

Indicator Name Indicator Value Indicator Signal
ADX 18, 21, 9 Sell
MACD -7, -4Sell
Stochastics 28Sell
CCI -78Sell
RSI 53Buy
OBV 508780Sell
VWAP 1097Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 1096.96 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 positive

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

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Daily chart

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