(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 2022-05-16 View latest technical analysis
10 day averaged volume of Bajaj Elect is 9454
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 913.60 | 914.95 | 926.00 | 905.80 | 0.338 times |
| 13 Fri May 2022 | 909.65 | 940.00 | 940.50 | 895.00 | 0.607 times |
| 12 Thu May 2022 | 917.30 | 911.85 | 936.15 | 875.50 | 2.134 times |
| 11 Wed May 2022 | 928.50 | 982.95 | 982.95 | 913.10 | 1.444 times |
| 10 Tue May 2022 | 979.10 | 1002.05 | 1027.85 | 970.80 | 0.62 times |
| 09 Mon May 2022 | 1010.55 | 1071.90 | 1105.00 | 1000.10 | 1.944 times |
| 06 Fri May 2022 | 1093.85 | 1086.15 | 1099.80 | 1069.25 | 0.32 times |
| 05 Thu May 2022 | 1096.75 | 1097.10 | 1112.60 | 1094.60 | 0.277 times |
| 04 Wed May 2022 | 1097.10 | 1095.00 | 1115.50 | 1095.00 | 1.154 times |
| 02 Mon May 2022 | 1096.60 | 1106.95 | 1124.05 | 1084.05 | 0.965 times |
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 888.8, for a target of 976 or 1048.7
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 875.50 |
| Downside Target | 905.80 |
| Upside Target | 926.00 |
| Upside Target | 992.15 |
| Upside Target | 1031.00 |
| Upside Target | 1061.40 |
| 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 | 904.27 |
| Downside Intraday Target | 894.93 |
| Upside Intraday Target | 924.47 |
| Upside Intraday Target | 935.33 |
| Upside Intraday Target | 915.13 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 913.60 | 914.95 | 926.00 | 905.80 | 0.05 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 |
| 16 Mon May 2022 | 913.60 | 1106.95 | 1124.05 | 875.50 | 0.149 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 | 7, 39, 68 | Sell |
| MACD | -77, -49 | Sell |
| Stochastics | 15 | Sell |
| CCI | -84 | Buy |
| RSI | 42 | Sell |
| OBV | 344099 | Sell |
| VWAP | 990 | Sell |
| ADL | 0 | Sell |
| ROC | -17 | 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 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 moving up
CCI has generated a buy signal for Bajaj Elect in short term but BUY signal is weak.
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
Although the stock is in the BUY zone, but buying 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 990.41 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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