(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, -18 | Buy |
Stochastics | 48 | None |
CCI | -145 | Sell |
RSI | 40 | Sell |
OBV | -524360 | Sell |
VWAP | 1056 | Sell |
ADL | 0 | Sell |
ROC | -2 | Sell |
Force Index | 0 | Sell |
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.
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