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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 2022-09-15 View latest technical analysis

10 day averaged volume of Bajaj Elect is 8144

Date Daily Closing Price Open High Low Volume
15 Thu Sep 2022 1179.35 1181.00 1191.75 1173.00 0.276 times
14 Wed Sep 2022 1183.10 1200.00 1208.80 1180.00 1.372 times
13 Tue Sep 2022 1205.95 1200.05 1215.00 1200.05 0.626 times
12 Mon Sep 2022 1203.95 1204.55 1214.35 1200.05 0.44 times
09 Fri Sep 2022 1203.70 1210.00 1216.85 1198.35 0.661 times
08 Thu Sep 2022 1209.15 1216.80 1238.00 1202.00 0.683 times
07 Wed Sep 2022 1213.55 1208.35 1255.00 1190.10 3.244 times
06 Tue Sep 2022 1229.70 1226.00 1247.35 1225.10 0.559 times
05 Mon Sep 2022 1223.05 1232.00 1242.00 1210.50 0.471 times
02 Fri Sep 2022 1220.60 1220.50 1229.50 1203.00 1.173 times

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 1178.4, for a target of 1200.2 or 1218.39

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 1173.00
Upside Target 1215.00
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 1163.23
Downside Intraday Target 1147.12
Upside Intraday Target 1205.23
Upside Intraday Target 1231.12
Upside Intraday Target 1189.12

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
15 Thu Sep 2022 1179.35 1204.55 1215.00 1173.00 0.483 times
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

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
15 Thu Sep 2022 1179.35 1224.80 1255.00 1173.00 0.304 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 12, 21, 30 Sell
MACD 28, 40Sell
Stochastics 12Sell
CCI -160Sell
RSI 50Buy
OBV 103832Sell
VWAP 1209Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short 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 short 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 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 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 Strong 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 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 1208.51 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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