(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 2022-05-11 View latest technical analysis
10 day averaged volume of Bajaj Elect is 6619
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 928.50 | 982.95 | 982.95 | 913.10 | 2.063 times |
| 10 Tue May 2022 | 979.10 | 1002.05 | 1027.85 | 970.80 | 0.885 times |
| 09 Mon May 2022 | 1010.55 | 1071.90 | 1105.00 | 1000.10 | 2.777 times |
| 06 Fri May 2022 | 1093.85 | 1086.15 | 1099.80 | 1069.25 | 0.458 times |
| 05 Thu May 2022 | 1096.75 | 1097.10 | 1112.60 | 1094.60 | 0.396 times |
| 04 Wed May 2022 | 1097.10 | 1095.00 | 1115.50 | 1095.00 | 1.648 times |
| 02 Mon May 2022 | 1096.60 | 1106.95 | 1124.05 | 1084.05 | 1.378 times |
| 29 Fri Apr 2022 | 1098.20 | 1087.80 | 1117.30 | 1087.80 | 0.762 times |
| 28 Thu Apr 2022 | 1099.35 | 1075.00 | 1107.95 | 1075.00 | 1.092 times |
| 27 Wed Apr 2022 | 1081.05 | 1092.05 | 1094.35 | 1075.25 | 0.364 times |
Stock of Bajaj Elect (BajajElect) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 969.6, for a target of 1031.3 or 1082.7
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 913.10 |
| Upside Target | 992.15 |
| Upside Target | 1031.00 |
| Upside Target | 1061.40 |
| Upside Target | 1096.55 |
| 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 | 859.4 |
| Downside Intraday Target | 790.3 |
| Upside Intraday Target | 1051.3 |
| Upside Intraday Target | 1174.1 |
| Upside Intraday Target | 982.2 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 928.50 | 1071.90 | 1105.00 | 913.10 | 1.476 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 |
| 13 Wed Apr 2022 | 1138.95 | 1107.00 | 1153.45 | 1096.55 | 0.689 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 |
| 11 Wed May 2022 | 928.50 | 1106.95 | 1124.05 | 913.10 | 0.102 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 | 9, 43, 66 | Sell |
| MACD | -44, -20 | Sell |
| Stochastics | 7 | Sell |
| CCI | -186 | Sell |
| RSI | 41 | Sell |
| OBV | 398726 | Sell |
| VWAP | 1038 | 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 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 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 Strong 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 red color and prices are below 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 1038.1 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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