(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 2022-05-12 View latest technical analysis
10 day averaged volume of Bajaj Auto is 25625
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||3585.10||3580.00||3650.00||3538.95||0.409 times|
|11 Wed May 2022||3609.65||3630.00||3630.00||3540.00||0.295 times|
|10 Tue May 2022||3590.50||3587.00||3646.60||3540.70||0.402 times|
|09 Mon May 2022||3567.40||3504.00||3582.70||3480.30||0.355 times|
|06 Fri May 2022||3497.75||3497.00||3553.00||3461.30||0.544 times|
|05 Thu May 2022||3524.95||3551.00||3593.80||3515.40||0.563 times|
|04 Wed May 2022||3496.30||3645.00||3683.00||3484.45||4.495 times|
|02 Mon May 2022||3624.50||3730.00||3730.00||3608.30||0.494 times|
|29 Fri Apr 2022||3727.05||3822.00||3838.00||3712.35||0.49 times|
|28 Thu Apr 2022||3833.50||3992.05||3992.05||3804.80||1.777 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 3556.8 as stoploss in an intra day buy trade for a target of 3669.44. However, stock will show a bearish move below 3556.8.
Share price targets for Bajaj Auto (BajajAuto)
Intraday share price targets for Bajaj Auto (BajajAuto)
|Downside Intraday Target||3493.6|
|Downside Intraday Target||3402.1|
|Upside Intraday Target||3663.3|
|Upside Intraday Target||3741.5|
|Downside Intraday Target||3571.8|
Weekly technical analysis of Bajaj Auto (BajajAuto)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Thu May 2022||3585.10||3504.00||3650.00||3480.30||0.24 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|
|12 Thu May 2022||3585.10||3730.00||3730.00||3461.30||0.703 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, 23, 9||Sell|
Price action analysis of Bajaj Auto ( (BajajAuto) ) 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 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 losing momentum.
MACD generated a SELL signal for Bajaj Auto in short term and the sell signal is strong.
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 coming down
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 but selling is losing 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 3590.51 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.