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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 2022-05-27 View latest technical analysis

10 day averaged volume of Bajaj Elect is 10702

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 984.85 991.95 1004.00 977.00 0.171 times
26 Thu May 2022 986.80 985.90 994.15 973.90 0.578 times
25 Wed May 2022 986.05 990.00 1009.95 982.35 0.636 times
24 Tue May 2022 989.15 953.05 997.15 935.05 1.402 times
23 Mon May 2022 944.10 960.00 962.05 930.00 0.64 times
20 Fri May 2022 949.40 935.05 957.75 935.05 0.363 times
19 Thu May 2022 935.55 994.50 994.50 930.00 0.328 times
18 Wed May 2022 957.65 988.85 988.85 946.45 1.132 times
17 Tue May 2022 997.85 926.00 1049.95 920.00 4.085 times
16 Mon May 2022 913.60 914.95 926.00 905.80 0.298 times

My analysis of stock is bearish for shortterm, and stock might move down till 928 or till 849.2. Use a stoploss of 993.63 and if the stock hits stoploss, then it can shoot up till 1059.3

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 939.92
Downside Intraday Target 894.98
Upside Intraday Target 1019.87
Upside Intraday Target 1054.88
Downside Intraday Target 974.93

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 984.85 960.00 1009.95 930.00 0.552 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
27 Fri May 2022 984.85 1106.95 1124.05 875.50 0.31 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 -51, -59Buy
Stochastics 59None
CCI 76Buy
RSI 55Buy
OBV -24624Sell
VWAP 980Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 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 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 tired and bears 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 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 980.06 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.

Click here for Bajaj Elect charts

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Daily charts

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Daily chart

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