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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 2024-02-02 View latest technical analysis

10 day averaged volume of Bajaj Elect is 3009

Date Daily Closing Price Open High Low Volume
02 Fri Feb 2024 1051.80 1052.05 1077.65 1041.85 2.92 times
01 Thu Feb 2024 1051.30 1051.85 1052.10 1036.95 0.411 times
31 Wed Jan 2024 1046.20 1055.20 1065.00 1037.20 0.92 times
30 Tue Jan 2024 1044.20 1043.85 1046.90 1027.00 0.502 times
29 Mon Jan 2024 1037.50 1036.75 1047.70 1026.80 2.467 times
25 Thu Jan 2024 1036.95 1038.95 1044.45 1024.20 0.777 times
24 Wed Jan 2024 1032.75 1012.15 1034.85 1012.15 1.898 times
23 Tue Jan 2024 1019.35 1032.00 1035.00 1007.45 0.715 times
22 Mon Jan 2024 1033.00 1031.00 1043.00 1026.00 0.338 times
19 Fri Jan 2024 1032.70 1051.25 1051.25 1020.45 1.109 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1048.2, but if it comes below 1048.2, then a intra day sell could be more profitable.
If you take a sell trade below 1048.2, then use 1048.2 as stoploss and 1037.5 as target. However if you take a buy trade in stock , then use 1048.2 as stoploss and 1061 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 1062.00
Upside Target 1063.50
Upside Target 1066.55
Upside Target 1077.65
Upside Target 1167.95

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 1026.52
Downside Intraday Target 1001.23
Upside Intraday Target 1077.37
Upside Intraday Target 1102.93
Upside Intraday Target 1052.08

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
02 Fri Feb 2024 1051.80 1036.75 1077.65 1026.80 1.937 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, 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
02 Fri Feb 2024 1051.80 1051.85 1077.65 1036.95 0.114 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 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 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 Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 1039.95 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 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 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 Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 1039.95 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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