(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 2022-05-23 View latest technical analysis
10 day averaged volume of Bajaj Elect is 13024
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Mon May 2022||944.10||960.00||962.05||930.00||0.526 times|
|20 Fri May 2022||949.40||935.05||957.75||935.05||0.298 times|
|19 Thu May 2022||935.55||994.50||994.50||930.00||0.27 times|
|18 Wed May 2022||957.65||988.85||988.85||946.45||0.93 times|
|17 Tue May 2022||997.85||926.00||1049.95||920.00||3.357 times|
|16 Mon May 2022||913.60||914.95||926.00||905.80||0.245 times|
|13 Fri May 2022||909.65||940.00||940.50||895.00||0.441 times|
|12 Thu May 2022||917.30||911.85||936.15||875.50||1.549 times|
|11 Wed May 2022||928.50||982.95||982.95||913.10||1.049 times|
|10 Tue May 2022||979.10||1002.05||1027.85||970.80||0.45 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 938.5 as stoploss in an intra day buy trade for a target of 1014.31. However, stock will show a bearish move below 938.5.
Share price targets for Bajaj Elect (BajajElect)
Intraday share price targets for Bajaj Elect (BajajElect)
|Downside Intraday Target||928.72|
|Downside Intraday Target||913.33|
|Upside Intraday Target||960.77|
|Upside Intraday Target||977.43|
|Upside Intraday Target||945.38|
Weekly technical analysis of Bajaj Elect (BajajElect)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Mon May 2022||944.10||960.00||962.05||930.00||0.103 times|
|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|
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|
|23 Mon May 2022||944.10||1106.95||1124.05||875.50||0.262 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||21, 24, 8||Sell|
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 BUY signal in short term and the buying is gaining 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 958.09 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.