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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 2023-08-31 View latest technical analysis

10 day averaged volume of Bajaj Elect is 5074

Date Daily Closing Price Open High Low Volume
31 Thu Aug 2023 1163.45 1144.65 1174.75 1135.80 2.922 times
30 Wed Aug 2023 1137.35 1127.35 1142.25 1122.55 0.881 times
29 Tue Aug 2023 1129.45 1134.00 1141.70 1121.35 0.313 times
28 Mon Aug 2023 1131.60 1125.00 1137.00 1105.95 0.88 times
25 Fri Aug 2023 1131.00 1122.80 1135.40 1117.70 0.321 times
24 Thu Aug 2023 1121.90 1157.75 1157.75 1116.25 0.347 times
23 Wed Aug 2023 1135.15 1150.15 1150.15 1125.00 0.728 times
22 Tue Aug 2023 1137.95 1113.05 1158.80 1113.05 2.469 times
21 Mon Aug 2023 1101.95 1135.35 1145.00 1094.45 2.793 times
18 Fri Aug 2023 1134.05 1165.75 1165.75 1131.50 0.774 times

Stock of Bajaj Elect (BajajElect) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1122.7 or till 1065.5. Use a stoploss of 1170.42 and if the stock hits stoploss, then it can shoot up till 1218.13

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 1035.65
Downside Target 1094.45
Upside Target 1199.95
Upside Target 1203.45
Upside Target 1222.85
Upside Target 1258.00
Upside Target 1267.30
Upside Target 1272.45
Upside Target 1283.35
Upside Target 1325.90

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1121.35
Downside Intraday Target 1079.25
Upside Intraday Target 1190.15
Upside Intraday Target 1216.85
Downside Intraday Target 1148.05

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
31 Thu Aug 2023 1163.45 1125.00 1174.75 1105.95 0.75 times
25 Fri Aug 2023 1131.00 1135.35 1158.80 1094.45 2.432 times
18 Fri Aug 2023 1134.05 1198.95 1203.45 1131.50 0.689 times
11 Fri Aug 2023 1184.00 1230.50 1267.30 1179.85 1.156 times
04 Fri Aug 2023 1240.90 1222.85 1272.45 1222.85 0.794 times

Price has moved up 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
31 Thu Aug 2023 1163.45 1261.60 1272.45 1094.45 0.95 times
31 Mon Jul 2023 1261.55 1270.05 1325.90 1199.95 0.083 times
30 Fri Jun 2023 1272.60 1154.90 1283.35 1145.20 1.781 times
31 Wed May 2023 1144.95 1100.05 1258.00 1100.00 0.245 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)

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 1134.11 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.

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 1134.11 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.

Click here for Bajaj Elect charts

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Daily charts

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Daily chart
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