(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)
10 day averaged volume of Bajaj Elect is 4827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1103.10 | 1085.05 | 1110.05 | 1085.05 | 0.739 times |
| 28 Tue Mar 2023 | 1104.65 | 1121.95 | 1121.95 | 1081.30 | 0.274 times |
| 27 Mon Mar 2023 | 1102.15 | 1132.70 | 1132.70 | 1074.70 | 0.343 times |
| 24 Fri Mar 2023 | 1104.55 | 1095.05 | 1109.00 | 1080.40 | 0.716 times |
| 23 Thu Mar 2023 | 1102.95 | 1100.05 | 1114.00 | 1088.90 | 0.539 times |
| 22 Wed Mar 2023 | 1104.55 | 1095.10 | 1109.95 | 1084.45 | 1.307 times |
| 21 Tue Mar 2023 | 1095.65 | 1089.00 | 1097.90 | 1072.00 | 2.789 times |
| 20 Mon Mar 2023 | 1085.65 | 1070.30 | 1093.00 | 1051.00 | 3.445 times |
| 17 Fri Mar 2023 | 1076.65 | 1078.50 | 1090.10 | 1068.60 | 0.166 times |
| 16 Thu Mar 2023 | 1075.95 | 1061.00 | 1090.50 | 1058.30 | 0.163 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1106.6 as stoploss in an intra day sell trade for a target of 1091.94. However, stock will show a bullish move above 1106.6.
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 1044.05 |
| Upside Target | 1114.00 |
| Upside Target | 1130.40 |
| Upside Target | 1132.70 |
| Upside Target | 1155.55 |
| Upside Target | 1179.25 |
| Upside Target | 1209.95 |
| Upside Target | 1222.55 |
| Upside Target | 1240.00 |
Intraday share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Intraday Target | 1074.3 |
| Downside Intraday Target | 1045.5 |
| Upside Intraday Target | 1132.3 |
| Upside Intraday Target | 1161.5 |
| Upside Intraday Target | 1103.5 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 1103.10 | 1132.70 | 1132.70 | 1074.70 | 0.154 times |
| 24 Fri Mar 2023 | 1104.55 | 1070.30 | 1114.00 | 1051.00 | 3.304 times |
| 17 Fri Mar 2023 | 1076.65 | 1075.15 | 1090.50 | 1044.05 | 0.632 times |
| 10 Fri Mar 2023 | 1084.15 | 1139.05 | 1155.55 | 1080.60 | 1.273 times |
| 03 Fri Mar 2023 | 1103.15 | 1120.45 | 1130.40 | 1082.05 | 1.428 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 |
| 29 Wed Mar 2023 | 1103.10 | 1082.05 | 1155.55 | 1044.05 | 0.543 times |
| 28 Tue Feb 2023 | 1088.75 | 1079.55 | 1209.95 | 1079.50 | 2.679 times |
| 31 Tue Jan 2023 | 1074.30 | 1210.05 | 1222.55 | 1056.65 | 0.549 times |
| 30 Fri Dec 2022 | 1215.75 | 1100.05 | 1240.00 | 1086.10 | 1.196 times |
Scroll below to view daily charts
Price has moved up 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 | 16, 12, 15 | Buy |
| MACD | -12, -18 | Buy |
| Stochastics | 65 | None |
| CCI | 46 | Sell |
| RSI | 50 | Sell |
| OBV | 10055 | Sell |
| VWAP | 1095 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short to mid 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 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 SELL signal for Bajaj Elect in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1094.82 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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