(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 2022-05-20 View latest technical analysis
10 day averaged volume of Bajaj Elect is 12938
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Fri May 2022||949.40||935.05||957.75||935.05||0.3 times|
|19 Thu May 2022||935.55||994.50||994.50||930.00||0.272 times|
|18 Wed May 2022||957.65||988.85||988.85||946.45||0.936 times|
|17 Tue May 2022||997.85||926.00||1049.95||920.00||3.379 times|
|16 Mon May 2022||913.60||914.95||926.00||905.80||0.247 times|
|13 Fri May 2022||909.65||940.00||940.50||895.00||0.444 times|
|12 Thu May 2022||917.30||911.85||936.15||875.50||1.559 times|
|11 Wed May 2022||928.50||982.95||982.95||913.10||1.055 times|
|10 Tue May 2022||979.10||1002.05||1027.85||970.80||0.453 times|
|09 Mon May 2022||1010.55||1071.90||1105.00||1000.10||1.421 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 945.9 as stoploss in an intra day buy trade for a target of 1021.61. However, stock will show a bearish move below 945.9.
Share price targets for Bajaj Elect (BajajElect)
Intraday share price targets for Bajaj Elect (BajajElect)
|Downside Intraday Target||886.82|
|Downside Intraday Target||824.23|
|Upside Intraday Target||1030.97|
|Upside Intraday Target||1112.53|
|Upside Intraday Target||968.38|
Weekly technical analysis of Bajaj Elect (BajajElect)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Fri May 2022||949.40||914.95||1049.95||905.80||1.041 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|
|20 Fri May 2022||949.40||1106.95||1124.05||875.50||0.251 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||22, 25, 6||Sell|
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 getting stronger in this stock.
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 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
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 966.23 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.