(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)
Intraday share price targets for Bajaj Elect (BajajElect)
|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|
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.