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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 2024-02-16 View latest technical analysis

10 day averaged volume of Bajaj Elect is 3514

Date Daily Closing Price Open High Low Volume
16 Fri Feb 2024 1019.65 1025.05 1037.30 1018.60 0.23 times
15 Thu Feb 2024 1027.95 1035.00 1042.70 1025.55 0.467 times
14 Wed Feb 2024 1022.05 1020.40 1037.05 1013.20 0.307 times
13 Tue Feb 2024 1019.95 1010.25 1022.05 997.00 0.61 times
12 Mon Feb 2024 1010.25 1026.00 1029.65 1004.25 0.357 times
09 Fri Feb 2024 1016.25 1014.75 1030.75 1002.00 1.071 times
08 Thu Feb 2024 1016.65 1049.85 1049.85 1010.70 1.197 times
07 Wed Feb 2024 1042.55 1060.10 1067.05 1039.40 0.971 times
06 Tue Feb 2024 1056.75 1054.65 1079.25 1042.95 0.795 times
05 Mon Feb 2024 1062.35 1057.00 1081.75 1048.85 1.725 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1019.4 as stoploss in an intra day buy trade for a target of 1034.01. However, stock will show a bearish move below 1019.4.

Share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Target 978.15
Upside Target 1042.70
Upside Target 1044.45
Upside Target 1062.00
Upside Target 1063.50
Upside Target 1066.55
Upside Target 1077.65
Upside Target 1081.75
Upside Target 1167.95

Intraday share price targets for Bajaj Elect (BajajElect)

Target Type Value
Downside Intraday Target 996.87
Downside Intraday Target 974.08
Upside Intraday Target 1042.57
Upside Intraday Target 1065.48
Upside Intraday Target 1019.78

Weekly technical analysis of Bajaj Elect (BajajElect)

Date Weekly Closing Price Open High Low Volume
16 Fri Feb 2024 1019.65 1026.00 1042.70 997.00 0.342 times
09 Fri Feb 2024 1016.25 1057.00 1081.75 1002.00 0.932 times
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

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
16 Fri Feb 2024 1019.65 1051.85 1081.75 997.00 0.423 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bajaj Elect in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 1035.12 and Bajaj Elect (BajajElect) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bajaj Elect in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 1035.12 and Bajaj Elect (BajajElect) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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