(BajajAuto) Bajaj Auto complete technical analysis [charts+indicators] | Buy/Sell Bajaj Auto | (BajajAuto) share price targets
Complete technical analysis of Bajaj Auto (BajajAuto) by charts plus indicators, forecast predictions and share price targets for Bajaj Auto (BajajAuto)
Showing technical analysis as on 2022-05-05 View latest technical analysis
10 day averaged volume of Bajaj Auto is 29294
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 3524.95 | 3551.00 | 3593.80 | 3515.40 | 0.492 times |
| 04 Wed May 2022 | 3496.30 | 3645.00 | 3683.00 | 3484.45 | 3.932 times |
| 02 Mon May 2022 | 3624.50 | 3730.00 | 3730.00 | 3608.30 | 0.432 times |
| 29 Fri Apr 2022 | 3727.05 | 3822.00 | 3838.00 | 3712.35 | 0.429 times |
| 28 Thu Apr 2022 | 3833.50 | 3992.05 | 3992.05 | 3804.80 | 1.555 times |
| 27 Wed Apr 2022 | 3905.95 | 3847.60 | 3918.45 | 3845.75 | 0.511 times |
| 26 Tue Apr 2022 | 3890.40 | 3740.00 | 3901.00 | 3719.05 | 1.794 times |
| 25 Mon Apr 2022 | 3692.60 | 3580.00 | 3723.90 | 3580.00 | 0.58 times |
| 22 Fri Apr 2022 | 3644.50 | 3704.00 | 3704.00 | 3625.00 | 0.447 times |
| 21 Thu Apr 2022 | 3705.40 | 3701.80 | 3737.00 | 3682.25 | 0.109 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 3497.8, for a target of 3623.1 or 3727.53
Share price targets for Bajaj Auto (BajajAuto)
| Target Type | Value |
| Downside Target | 3125.80 |
| Downside Target | 3251.25 |
| Downside Target | 3422.15 |
| Upside Target | 3580.00 |
| Upside Target | 3730.00 |
| Upside Target | 3736.20 |
| Upside Target | 3773.30 |
| Upside Target | 3820.00 |
| Upside Target | 3837.75 |
| Upside Target | 3992.05 |
Intraday share price targets for Bajaj Auto (BajajAuto)
| Target Type | Value |
| Downside Intraday Target | 3429.6 |
| Downside Intraday Target | 3334.25 |
| Upside Intraday Target | 3675.15 |
| Upside Intraday Target | 3825.35 |
| Upside Intraday Target | 3579.8 |
Weekly technical analysis of Bajaj Auto (BajajAuto)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 3524.95 | 3730.00 | 3730.00 | 3484.45 | 0.998 times |
| 29 Fri Apr 2022 | 3727.05 | 3580.00 | 3992.05 | 3580.00 | 2.536 times |
| 22 Fri Apr 2022 | 3644.50 | 3700.00 | 3773.30 | 3625.00 | 3.461 times |
| 13 Wed Apr 2022 | 3697.95 | 3820.00 | 3820.00 | 3670.00 | 0.309 times |
| 08 Fri Apr 2022 | 3809.70 | 3750.00 | 3837.75 | 3718.00 | 1.003 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 Auto (BajajAuto)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 3524.95 | 3730.00 | 3730.00 | 3484.45 | 0.517 times |
| 29 Fri Apr 2022 | 3727.05 | 3650.00 | 3992.05 | 3580.00 | 0.996 times |
| 31 Thu Mar 2022 | 3652.50 | 3475.50 | 3736.20 | 3125.80 | 1.065 times |
| 28 Mon Feb 2022 | 3530.85 | 3584.00 | 3660.00 | 3422.15 | 0.72 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 Auto (BajajAuto)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 31, 29 | Sell |
| MACD | 14, 63 | Sell |
| Stochastics | 7 | Sell |
| CCI | -113 | Sell |
| RSI | 46 | Sell |
| OBV | -50208 | Sell |
| VWAP | 3673 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bajaj Auto ( (BajajAuto) ) 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 Auto ( (BajajAuto) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bajaj Auto ( (BajajAuto) ) 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 Auto ( (BajajAuto) ) based on a mid to longer 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.
ADX buy sell signal for Bajaj Auto stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Auto in short term but the sell signal is initial and weak.
Bajaj Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Bajaj Auto 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 Auto is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3672.55 and Bajaj Auto (BajajAuto) 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 Auto (BajajAuto) stock. Volume based technical analysis of Bajaj Auto (BajajAuto) stock is negative.
Bajaj Auto 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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