(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 2022-05-17 View latest technical analysis
10 day averaged volume of Bajaj Elect is 9269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 997.85 | 926.00 | 1049.95 | 920.00 | 4.717 times |
| 16 Mon May 2022 | 913.60 | 914.95 | 926.00 | 905.80 | 0.344 times |
| 13 Fri May 2022 | 909.65 | 940.00 | 940.50 | 895.00 | 0.619 times |
| 12 Thu May 2022 | 917.30 | 911.85 | 936.15 | 875.50 | 2.176 times |
| 11 Wed May 2022 | 928.50 | 982.95 | 982.95 | 913.10 | 1.473 times |
| 10 Tue May 2022 | 979.10 | 1002.05 | 1027.85 | 970.80 | 0.632 times |
| 09 Mon May 2022 | 1010.55 | 1071.90 | 1105.00 | 1000.10 | 1.983 times |
| 06 Fri May 2022 | 1093.85 | 1086.15 | 1099.80 | 1069.25 | 0.327 times |
| 05 Thu May 2022 | 1096.75 | 1097.10 | 1112.60 | 1094.60 | 0.283 times |
| 04 Wed May 2022 | 1097.10 | 1095.00 | 1115.50 | 1095.00 | 1.177 times |
Stock of Bajaj Elect (BajajElect) has showed a significant upmove. This could be a good time to enter in this stock!
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 971 as stoploss in an intra day buy trade for a target of 1042.63. However, stock will show a bearish move below 971.
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 875.50 |
| Downside Target | 905.80 |
| Downside 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 | 919.12 |
| Downside Intraday Target | 840.38 |
| Upside Intraday Target | 1063.27 |
| Upside Intraday Target | 1128.68 |
| Downside Intraday Target | 984.53 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 997.85 | 914.95 | 1049.95 | 905.80 | 0.735 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 |
| 17 Tue May 2022 | 997.85 | 1106.95 | 1124.05 | 875.50 | 0.219 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 | 29, 29, 1 | Buy |
| MACD | -71, -54 | Sell |
| Stochastics | 27 | Sell |
| CCI | -10 | Buy |
| RSI | 52 | Buy |
| OBV | 400741 | Sell |
| VWAP | 985 | Buy |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bajaj Elect in short term and the sell 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Bajaj Elect is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 985.35 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 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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