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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 2022-05-25 View latest technical analysis

10 day averaged volume of Bajaj Elect is 12785

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 986.05 990.00 1009.95 982.35 0.532 times
24 Tue May 2022 989.15 953.05 997.15 935.05 1.173 times
23 Mon May 2022 944.10 960.00 962.05 930.00 0.536 times
20 Fri May 2022 949.40 935.05 957.75 935.05 0.304 times
19 Thu May 2022 935.55 994.50 994.50 930.00 0.275 times
18 Wed May 2022 957.65 988.85 988.85 946.45 0.948 times
17 Tue May 2022 997.85 926.00 1049.95 920.00 3.42 times
16 Mon May 2022 913.60 914.95 926.00 905.80 0.25 times
13 Fri May 2022 909.65 940.00 940.50 895.00 0.449 times
12 Thu May 2022 917.30 911.85 936.15 875.50 1.578 times

My analysis of stock is bearish for shortterm, and stock might move down till 932.4 or till 846.4. Use a stoploss of 1004.07 and if the stock hits stoploss, then it can shoot up till 1075.75

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 875.50
Downside Target 905.80
Downside Target 930.00
Upside Target 992.15
Upside Target 1031.00
Upside Target 1105.00
Upside Target 1121.00
Upside Target 1124.05
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 940.72
Downside Intraday Target 895.38
Upside Intraday Target 1020.67
Upside Intraday Target 1055.28
Downside Intraday Target 975.33

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 986.05 960.00 1009.95 930.00 0.431 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 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
25 Wed May 2022 986.05 1106.95 1124.05 875.50 0.297 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, 20, 14 Buy
MACD -60, -65Buy
Stochastics 56None
CCI 117Buy
RSI 55Buy
OBV -29806Sell
VWAP 966Buy
ADL 0Sell
ROC 6Buy
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 gaining momentum.

MACD generated a BUY signal for Bajaj Elect in short term but the buy signal is initial and weak.

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. Bulls 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 coming down

CCI has generated a buy signal for Bajaj Elect in short term and BUY 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

Although the stock is in the SELL zone, but selling 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 965.84 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 rising upwards.

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 is giving positive 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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Daily charts

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Daily chart

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