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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 2024-02-01 View latest technical analysis

10 day averaged volume of Bajaj Elect is 3252

Date Daily Closing Price Open High Low Volume
01 Thu Feb 2024 1051.30 1051.85 1052.10 1036.95 0.381 times
31 Wed Jan 2024 1046.20 1055.20 1065.00 1037.20 0.851 times
30 Tue Jan 2024 1044.20 1043.85 1046.90 1027.00 0.464 times
29 Mon Jan 2024 1037.50 1036.75 1047.70 1026.80 2.283 times
25 Thu Jan 2024 1036.95 1038.95 1044.45 1024.20 0.719 times
24 Wed Jan 2024 1032.75 1012.15 1034.85 1012.15 1.756 times
23 Tue Jan 2024 1019.35 1032.00 1035.00 1007.45 0.661 times
22 Mon Jan 2024 1033.00 1031.00 1043.00 1026.00 0.313 times
19 Fri Jan 2024 1032.70 1051.25 1051.25 1020.45 1.026 times
18 Thu Jan 2024 1026.75 1044.80 1044.80 998.95 0.799 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1046.6, but if it comes below 1046.6, then a intra day sell could be more profitable.
If you take a sell trade below 1046.6, then use 1046.6 as stoploss and 1036.02 as target. However if you take a buy trade in stock , then use 1046.6 as stoploss and 1059.4 as target.

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 978.15
Downside Target 1044.45
Downside Target 1046.00
Upside Target 1052.10
Upside Target 1062.00
Upside Target 1063.50
Upside Target 1065.00
Upside Target 1066.55
Upside Target 1167.95

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1030.4
Downside Intraday Target 1009.5
Upside Intraday Target 1068.6
Upside Intraday Target 1085.9
Downside Intraday Target 1047.7

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
01 Thu Feb 2024 1051.30 1036.75 1065.00 1026.80 1.154 times
25 Thu Jan 2024 1036.95 1031.00 1044.45 1007.45 0.624 times
19 Fri Jan 2024 1032.70 1058.90 1062.00 998.95 1.137 times
12 Fri Jan 2024 1038.15 1026.05 1066.55 1023.00 0.506 times
05 Fri Jan 2024 1026.05 999.95 1046.00 989.00 1.941 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
01 Thu Feb 2024 1051.30 1051.85 1052.10 1036.95 0.014 times
31 Wed Jan 2024 1046.20 999.95 1066.55 989.00 1.076 times
29 Fri Dec 2023 989.05 1006.95 1034.15 980.00 1.044 times
30 Thu Nov 2023 994.55 1023.05 1063.50 978.15 0.624 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

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

Bajaj Elect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Bajaj Elect in short term but SELL signal is weak.

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

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 1035.35 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 positive

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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

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

Bajaj Elect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Bajaj Elect in short term but SELL signal is weak.

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

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 1035.35 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 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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