(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 2024-06-04 View latest technical analysis
10 day averaged volume of Bajaj Elect is 92472
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 866.60 | 942.75 | 942.75 | 822.05 | 0.17 times |
| 03 Mon Jun 2024 | 922.80 | 924.05 | 941.35 | 920.10 | 6.251 times |
| 31 Fri May 2024 | 922.55 | 926.95 | 931.75 | 916.00 | 0.03 times |
| 30 Thu May 2024 | 925.90 | 930.05 | 937.00 | 920.45 | 0.089 times |
| 29 Wed May 2024 | 937.95 | 949.90 | 949.90 | 931.00 | 0.012 times |
| 28 Tue May 2024 | 934.20 | 939.00 | 940.00 | 929.05 | 0.039 times |
| 27 Mon May 2024 | 939.15 | 959.95 | 959.95 | 930.00 | 0.035 times |
| 24 Fri May 2024 | 944.05 | 969.95 | 969.95 | 940.00 | 0.023 times |
| 23 Thu May 2024 | 955.75 | 941.95 | 962.70 | 931.25 | 0.098 times |
| 22 Wed May 2024 | 932.70 | 955.10 | 955.10 | 926.90 | 0.051 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 892.6, for a target of 914.3 or 932.41
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 822.05 |
| Upside Target | 890.00 |
| Upside Target | 959.95 |
| Upside Target | 968.00 |
| Upside Target | 969.95 |
| Upside Target | 980.00 |
| Upside Target | 992.00 |
| Upside Target | 1024.95 |
| Upside Target | 1051.00 |
| Upside Target | 1081.75 |
Intraday share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Intraday Target | 811.52 |
| Downside Intraday Target | 756.43 |
| Upside Intraday Target | 932.22 |
| Upside Intraday Target | 997.83 |
| Upside Intraday Target | 877.13 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 866.60 | 924.05 | 942.75 | 822.05 | 31.502 times |
| 31 Fri May 2024 | 922.55 | 959.95 | 959.95 | 916.00 | 0.057 times |
| 24 Fri May 2024 | 944.05 | 951.05 | 969.95 | 926.90 | 8.044 times |
| 18 Sat May 2024 | 951.05 | 922.70 | 968.00 | 902.20 | 1.198 times |
| 10 Fri May 2024 | 928.20 | 950.05 | 980.00 | 926.10 | 3.087 times |
Price has moved down 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 |
| 04 Tue Jun 2024 | 866.60 | 924.05 | 942.75 | 822.05 | 1.391 times |
| 31 Fri May 2024 | 922.55 | 953.75 | 980.00 | 902.20 | 3.994 times |
| 30 Tue Apr 2024 | 945.50 | 923.35 | 1051.00 | 890.00 | 1.815 times |
| 28 Thu Mar 2024 | 905.60 | 1000.05 | 1024.95 | 898.85 | 0.969 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 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 short 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL 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 922.23 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 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 short 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL 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 922.23 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.
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