Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 5059

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 1052.10 1093.00 1111.50 1039.00 105.841 times
29 Wed Mar 2023 1103.10 1085.05 1110.05 1085.05 0.705 times
28 Tue Mar 2023 1104.65 1121.95 1121.95 1081.30 0.262 times
27 Mon Mar 2023 1102.15 1132.70 1132.70 1074.70 0.327 times
24 Fri Mar 2023 1104.55 1095.05 1109.00 1080.40 0.683 times
23 Thu Mar 2023 1102.95 1100.05 1114.00 1088.90 0.515 times
22 Wed Mar 2023 1104.55 1095.10 1109.95 1084.45 1.247 times
21 Tue Mar 2023 1095.65 1089.00 1097.90 1072.00 2.661 times
20 Mon Mar 2023 1085.65 1070.30 1093.00 1051.00 3.287 times
17 Fri Mar 2023 1076.65 1078.50 1090.10 1068.60 0.158 times

Stock of Bajaj Elect (BajajElect) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1052.4, for a target of 1072.6 or 1089.45

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 1039.00
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 1016.5
Downside Intraday Target 980.9
Upside Intraday Target 1110.2
Upside Intraday Target 1168.3
Upside Intraday Target 1074.6

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 1052.10 1132.70 1132.70 1039.00 12.766 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bajaj Elect (BajajElect)

Date Monthly Closing Price Open High Low Volume
31 Fri Mar 2023 1052.10 1082.05 1155.55 1039.00 3.744 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 down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bajaj Elect (BajajElect)

Indicator Name Indicator Value Indicator Signal
ADX 13, 22, 27 Sell
MACD -18, -18Buy
Stochastics 48None
CCI -145Sell
RSI 40Sell
OBV -524360Sell
VWAP 1056Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong and stock is gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1055.76 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.

Click here for Bajaj Elect charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme