(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 2022-09-21 View latest technical analysis
10 day averaged volume of Bajaj Elect is 17662
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Sep 2022 | 1120.25 | 1143.90 | 1147.20 | 1082.00 | 0.417 times |
| 20 Tue Sep 2022 | 1131.20 | 1169.90 | 1169.90 | 1127.80 | 0.262 times |
| 19 Mon Sep 2022 | 1142.50 | 1113.30 | 1170.00 | 1113.30 | 5.966 times |
| 16 Fri Sep 2022 | 1125.15 | 1194.00 | 1205.30 | 1111.00 | 0.405 times |
| 15 Thu Sep 2022 | 1179.35 | 1181.00 | 1191.75 | 1173.00 | 0.127 times |
| 14 Wed Sep 2022 | 1183.10 | 1200.00 | 1208.80 | 1180.00 | 0.633 times |
| 13 Tue Sep 2022 | 1205.95 | 1200.05 | 1215.00 | 1200.05 | 0.289 times |
| 12 Mon Sep 2022 | 1203.95 | 1204.55 | 1214.35 | 1200.05 | 0.203 times |
| 09 Fri Sep 2022 | 1203.70 | 1210.00 | 1216.85 | 1198.35 | 0.305 times |
| 08 Thu Sep 2022 | 1209.15 | 1216.80 | 1238.00 | 1202.00 | 0.315 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 1115.5, for a target of 1160 or 1197.02
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 | 1082.00 |
| Downside Target | 1111.00 |
| Upside Target | 1170.00 |
| Upside Target | 1215.00 |
| Upside Target | 1243.50 |
| Upside Target | 1255.00 |
| Upside Target | 1265.00 |
Intraday share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Intraday Target | 1078.17 |
| Downside Intraday Target | 1036.08 |
| Upside Intraday Target | 1166.17 |
| Upside Intraday Target | 1212.08 |
| Upside Intraday Target | 1124.08 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Sep 2022 | 1120.25 | 1113.30 | 1170.00 | 1082.00 | 4.012 times |
| 16 Fri Sep 2022 | 1125.15 | 1204.55 | 1215.00 | 1111.00 | 0.639 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 |
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 |
| 21 Wed Sep 2022 | 1120.25 | 1224.80 | 1255.00 | 1082.00 | 0.757 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 | 6, 32, 70 | Sell |
| MACD | -4, 15 | Sell |
| Stochastics | 20 | Sell |
| CCI | -128 | Sell |
| RSI | 46 | Sell |
| OBV | 65875 | Sell |
| VWAP | 1152 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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 and the sell signal is strong.
Bajaj Elect Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 1151.64 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