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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 2022-05-18 View latest technical analysis

10 day averaged volume of Bajaj Elect is 12728

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 957.65 988.85 988.85 946.45 0.952 times
17 Tue May 2022 997.85 926.00 1049.95 920.00 3.435 times
16 Mon May 2022 913.60 914.95 926.00 905.80 0.251 times
13 Fri May 2022 909.65 940.00 940.50 895.00 0.451 times
12 Thu May 2022 917.30 911.85 936.15 875.50 1.585 times
11 Wed May 2022 928.50 982.95 982.95 913.10 1.073 times
10 Tue May 2022 979.10 1002.05 1027.85 970.80 0.46 times
09 Mon May 2022 1010.55 1071.90 1105.00 1000.10 1.444 times
06 Fri May 2022 1093.85 1086.15 1099.80 1069.25 0.238 times
05 Thu May 2022 1096.75 1097.10 1112.60 1094.60 0.206 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 962.9, but if it comes above 962.9, then a intra day buy could be more profitable.
If you take a sell trade below 962.9, then use 962.9 as stoploss and 875.6 as target. However if you take a buy trade in stock , then use 962.9 as stoploss and 1035.74 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 892.32
Downside Intraday Target 826.98
Upside Intraday Target 1036.47
Upside Intraday Target 1115.28
Upside Intraday Target 971.13

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 957.65 914.95 1049.95 905.80 0.925 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
18 Wed May 2022 957.65 1106.95 1124.05 875.50 0.239 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 26, 26, 1 Buy
MACD -71, -58Sell
Stochastics 34None
CCI -25Sell
RSI 49Sell
OBV 395559Sell
VWAP 973Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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 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 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.

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 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 973.25 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.

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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