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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 2023-09-11 View latest technical analysis

10 day averaged volume of Bajaj Elect is 7454

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	1170.45	1185.00	1196.20	1161.80	0.553 times
08 Fri Sep 2023	1183.20	1182.05	1202.15	1177.00	0.667 times
07 Thu Sep 2023	1191.15	1220.00	1220.00	1183.55	2 times
06 Wed Sep 2023	1200.55	1175.05	1222.55	1164.35	0.935 times
05 Tue Sep 2023	1173.05	1180.25	1194.65	1168.70	0.401 times
04 Mon Sep 2023	1180.20	1178.00	1197.95	1174.00	0.835 times
01 Fri Sep 2023	1177.95	1181.00	1195.95	1168.85	1.76 times
31 Thu Aug 2023	1163.45	1144.65	1174.75	1135.80	1.989 times
30 Wed Aug 2023	1137.35	1127.35	1142.25	1122.55	0.6 times
29 Tue Aug 2023	1129.45	1134.00	1141.70	1121.35	0.213 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 1179.4 as stoploss in an intra day sell trade for a target of 1153.63. However, stock will show a bullish move above 1179.4.

Share price targets for Bajaj Elect (BajajElect)

Target Type	Value
Downside Target	1094.45
Downside Target	1131.50
Upside Target	1195.95
Upside Target	1199.95
Upside Target	1203.45
Upside Target	1222.55
Upside Target	1258.00
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	1156.1
Downside Intraday Target	1141.75
Upside Intraday Target	1190.5
Upside Intraday Target	1210.55
Upside Intraday Target	1176.15

Weekly technical analysis of Bajaj Elect (BajajElect)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	1170.45	1185.00	1196.20	1161.80	0.114 times
08 Fri Sep 2023	1183.20	1178.00	1222.55	1164.35	0.937 times
01 Fri Sep 2023	1177.95	1125.00	1195.95	1105.95	1.139 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

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
11 Mon Sep 2023	1170.45	1181.00	1222.55	1161.80	0.512 times
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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short to mid 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 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 BUY. 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 tired and bears 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 1176.27 and Bajaj Elect (BajajElect) stock is trading below this level. This means that stock is falling with high volumes. 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.