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(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 2023-01-16 View latest technical analysis

10 day averaged volume of Bajaj Auto is 8947

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jan 2023	3587.65	3577.55	3620.00	3561.10	2.472 times
13 Fri Jan 2023	3604.55	3550.05	3617.55	3550.05	0.443 times
12 Thu Jan 2023	3571.30	3548.25	3579.95	3522.00	0.4 times
11 Wed Jan 2023	3537.05	3584.30	3584.30	3530.50	0.64 times
10 Tue Jan 2023	3578.40	3620.00	3630.00	3565.50	1.214 times
09 Mon Jan 2023	3620.25	3673.65	3673.65	3607.85	0.392 times
06 Fri Jan 2023	3639.65	3600.05	3645.65	3596.80	2.131 times
05 Thu Jan 2023	3626.25	3550.10	3632.70	3550.10	0.945 times
04 Wed Jan 2023	3552.60	3603.85	3603.85	3545.30	0.414 times
03 Tue Jan 2023	3603.90	3574.60	3618.20	3563.40	0.781 times

Stock of Bajaj Auto (BajajAuto) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 3560.5 or till 3527.4. Use a stoploss of 3588.06 and if the stock hits stoploss, then it can shoot up till 3615.62

Share price targets for Bajaj Auto (BajajAuto)

Target Type	Value
Downside Target	3462.05
Upside Target	3641.65
Upside Target	3645.65
Upside Target	3654.85
Upside Target	3673.65
Upside Target	3725.05
Upside Target	3749.95
Upside Target	3817.55
Upside Target	4130.15

Intraday share price targets for Bajaj Auto (BajajAuto)

Target Type	Value
Downside Intraday Target	3559.17
Downside Intraday Target	3530.68
Upside Intraday Target	3618.07
Upside Intraday Target	3648.48
Upside Intraday Target	3589.58

Weekly technical analysis of Bajaj Auto (BajajAuto)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jan 2023	3587.65	3577.55	3620.00	3561.10	0.8 times
13 Fri Jan 2023	3604.55	3673.65	3673.65	3522.00	0.447 times
06 Fri Jan 2023	3639.65	3626.95	3645.65	3524.00	2.672 times
30 Fri Dec 2022	3615.90	3543.30	3641.65	3524.25	1.076 times
23 Fri Dec 2022	3543.30	3550.00	3654.85	3534.40	0.963 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
16 Mon Jan 2023	3587.65	3626.95	3673.65	3522.00	0.971 times
30 Fri Dec 2022	3615.90	3749.95	3749.95	3524.25	0.633 times
30 Wed Nov 2022	3750.30	3671.05	3817.55	3585.00	0.335 times
31 Mon Oct 2022	3669.25	3539.95	3725.05	3475.00	0.972 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)

Price action analysis of Bajaj Auto ( (BajajAuto) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Auto ( (BajajAuto) ) 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 Auto stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bajaj Auto in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bajaj Auto 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 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 BUY signal in short term and the buying is gaining 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 3599.41 and Bajaj Auto (BajajAuto) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.