(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 2022-05-11 View latest technical analysis
10 day averaged volume of Bajaj Auto is 30126
Date | Daily Closing Price | Open | High | Low | Volume |
11 Wed May 2022 | 3609.65 | 3630.00 | 3630.00 | 3540.00 | 0.251 times |
10 Tue May 2022 | 3590.50 | 3587.00 | 3646.60 | 3540.70 | 0.342 times |
09 Mon May 2022 | 3567.40 | 3504.00 | 3582.70 | 3480.30 | 0.302 times |
06 Fri May 2022 | 3497.75 | 3497.00 | 3553.00 | 3461.30 | 0.463 times |
05 Thu May 2022 | 3524.95 | 3551.00 | 3593.80 | 3515.40 | 0.479 times |
04 Wed May 2022 | 3496.30 | 3645.00 | 3683.00 | 3484.45 | 3.824 times |
02 Mon May 2022 | 3624.50 | 3730.00 | 3730.00 | 3608.30 | 0.42 times |
29 Fri Apr 2022 | 3727.05 | 3822.00 | 3838.00 | 3712.35 | 0.417 times |
28 Thu Apr 2022 | 3833.50 | 3992.05 | 3992.05 | 3804.80 | 1.512 times |
27 Wed Apr 2022 | 3905.95 | 3847.60 | 3918.45 | 3845.75 | 0.497 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 3565.9 as stoploss in an intra day buy trade for a target of 3679.63. However, stock will show a bearish move below 3565.9.
Share price targets for Bajaj Auto (BajajAuto)
Target Type | Value |
Downside Target | 3125.80 |
Downside Target | 3251.25 |
Downside Target | 3422.15 |
Downside Target | 3580.00 |
Upside Target | 3670.00 |
Upside Target | 3730.00 |
Upside Target | 3736.20 |
Upside Target | 3773.30 |
Upside Target | 3820.00 |
Upside Target | 3992.05 |
Intraday share price targets for Bajaj Auto (BajajAuto)
Target Type | Value |
Downside Intraday Target | 3511.1 |
Downside Intraday Target | 3412.55 |
Upside Intraday Target | 3677.4 |
Upside Intraday Target | 3745.15 |
Downside Intraday Target | 3578.85 |
Weekly technical analysis of Bajaj Auto (BajajAuto)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Wed May 2022 | 3609.65 | 3504.00 | 3646.60 | 3480.30 | 0.172 times |
06 Fri May 2022 | 3497.75 | 3730.00 | 3730.00 | 3461.30 | 1.095 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 |
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 Auto (BajajAuto)
Date | Monthly Closing Price | Open | High | Low | Volume |
11 Wed May 2022 | 3609.65 | 3730.00 | 3730.00 | 3461.30 | 0.665 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 | 19, 25, 14 | Sell |
MACD | -22, 7 | Sell |
Stochastics | 24 | Sell |
CCI | -34 | Buy |
RSI | 45 | Sell |
OBV | -65030 | Sell |
VWAP | 3609 | Buy |
ADL | 0 | Sell |
ROC | -7 | Sell |
Force Index | 0 | Sell |
Price action analysis of Bajaj Auto ( (BajajAuto) ) 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 Auto ( (BajajAuto) ) based on a short term time period is
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
ADX buy sell signal for Bajaj Auto stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Auto in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bajaj Auto 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Auto in short term but BUY signal is weak.
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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Bajaj Auto is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3609.16 and Bajaj Auto (BajajAuto) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for Bajaj Auto charts
Click here for further forecast and predictions for tomorrow