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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 2022-09-09 View latest technical analysis

10 day averaged volume of Bajaj Elect is 8878

Date Daily Closing Price Open High Low Volume
09 Fri Sep 2022 1203.70 1210.00 1216.85 1198.35 0.607 times
08 Thu Sep 2022 1209.15 1216.80 1238.00 1202.00 0.626 times
07 Wed Sep 2022 1213.55 1208.35 1255.00 1190.10 2.976 times
06 Tue Sep 2022 1229.70 1226.00 1247.35 1225.10 0.513 times
05 Mon Sep 2022 1223.05 1232.00 1242.00 1210.50 0.432 times
02 Fri Sep 2022 1220.60 1220.50 1229.50 1203.00 1.076 times
01 Thu Sep 2022 1211.45 1224.80 1243.50 1195.70 0.708 times
30 Tue Aug 2022 1230.25 1217.95 1236.90 1212.20 0.773 times
29 Mon Aug 2022 1209.50 1215.00 1225.00 1201.05 0.668 times
26 Fri Aug 2022 1220.30 1254.90 1264.00 1211.25 1.191 times

My analysis of stock is bearish for shortterm, and stock might move down till 1177.7 or till 1139.2. Use a stoploss of 1209.84 and if the stock hits stoploss, then it can shoot up till 1241.96

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 857.55
Downside Target 875.50
Downside Target 1001.00
Downside Target 1046.00
Downside Target 1113.80
Downside Target 1185.20
Downside Target 1201.20
Upside Target 1243.50
Upside Target 1250.00
Upside Target 1255.00
Upside Target 1265.00

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1177.53
Downside Intraday Target 1151.37
Upside Intraday Target 1242.43
Upside Intraday Target 1281.17
Upside Intraday Target 1216.27

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
09 Fri Sep 2022 1203.70 1232.00 1255.00 1190.10 1.599 times
02 Fri Sep 2022 1220.60 1215.00 1243.50 1195.70 0.394 times
26 Fri Aug 2022 1220.30 1201.20 1265.00 1201.20 0.634 times
19 Fri Aug 2022 1227.35 1146.05 1250.00 1136.10 2.553 times
12 Fri Aug 2022 1146.05 1146.90 1185.20 1118.55 1.502 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
09 Fri Sep 2022 1203.70 1224.80 1255.00 1190.10 0.224 times
30 Tue Aug 2022 1230.25 1135.00 1265.00 1113.80 1.229 times
29 Fri Jul 2022 1132.70 1035.20 1198.40 1001.00 1.556 times
30 Thu Jun 2022 1016.55 1018.80 1046.00 857.55 0.689 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 15, 17, 8 Sell
MACD 45, 54Sell
Stochastics 25Sell
CCI -136Sell
RSI 55Buy
OBV 88754Sell
VWAP 1216Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bajaj Elect stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Bajaj Elect Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bajaj Elect is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1216.48 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 positive

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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