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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 2023-03-22 View latest technical analysis

10 day averaged volume of Bajaj Elect is 5038

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	1104.55	1095.10	1109.95	1084.45	1.252 times
21 Tue Mar 2023	1095.65	1089.00	1097.90	1072.00	2.672 times
20 Mon Mar 2023	1085.65	1070.30	1093.00	1051.00	3.3 times
17 Fri Mar 2023	1076.65	1078.50	1090.10	1068.60	0.159 times
16 Thu Mar 2023	1075.95	1061.00	1090.50	1058.30	0.157 times
15 Wed Mar 2023	1071.60	1064.00	1081.60	1053.70	0.248 times
14 Tue Mar 2023	1055.75	1063.95	1076.20	1044.05	1.011 times
13 Mon Mar 2023	1067.25	1075.15	1087.55	1055.70	0.977 times
10 Fri Mar 2023	1084.15	1093.90	1098.30	1080.60	0.594 times
09 Thu Mar 2023	1094.95	1101.05	1113.40	1093.55	0.164 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1111.5 as stoploss in an intra day sell trade for a target of 1093.79. However, stock will show a bullish move above 1111.5.

Share price targets for Bajaj Elect (BajajElect)

Target Type	Value
Downside Target	1044.05
Upside Target	1109.95
Upside Target	1130.40
Upside Target	1140.10
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	1067.05
Downside Intraday Target	1029.55
Upside Intraday Target	1126
Upside Intraday Target	1147.45
Downside Intraday Target	1088.5

Weekly technical analysis of Bajaj Elect (BajajElect)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Mar 2023	1104.55	1070.30	1109.95	1051.00	2.833 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
24 Fri Feb 2023	1120.45	1122.40	1140.10	1103.95	0.151 times

Price has moved up 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
22 Wed Mar 2023	1104.55	1082.05	1155.55	1044.05	0.468 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 up 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)

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

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bajaj Elect in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 1085.31 and Bajaj Elect (BajajElect) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.