(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 2023-01-23 View latest technical analysis
10 day averaged volume of Bajaj Auto is 9247
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 3623.95 | 3562.05 | 3630.00 | 3562.05 | 4.195 times |
| 20 Fri Jan 2023 | 3573.00 | 3576.00 | 3584.30 | 3551.20 | 0.405 times |
| 19 Thu Jan 2023 | 3574.70 | 3609.25 | 3627.55 | 3572.00 | 0.408 times |
| 18 Wed Jan 2023 | 3609.25 | 3612.95 | 3636.60 | 3579.65 | 3.432 times |
| 17 Tue Jan 2023 | 3606.55 | 3592.00 | 3611.00 | 3570.75 | 0.375 times |
| 16 Mon Jan 2023 | 3587.65 | 3577.55 | 3620.00 | 3561.10 | 2.392 times |
| 13 Fri Jan 2023 | 3604.55 | 3550.05 | 3617.55 | 3550.05 | 0.429 times |
| 12 Thu Jan 2023 | 3571.30 | 3548.25 | 3579.95 | 3522.00 | 0.387 times |
| 11 Wed Jan 2023 | 3537.05 | 3584.30 | 3584.30 | 3530.50 | 0.62 times |
| 10 Tue Jan 2023 | 3578.40 | 3620.00 | 3630.00 | 3565.50 | 1.174 times |
Stock of Bajaj Auto (BajajAuto) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3617.9, but if it comes below 3617.9, then a intra day sell could be more profitable.
If you take a sell trade below 3617.9, then use 3617.9 as stoploss and 3592.05 as target. However if you take a buy trade in stock , then use 3617.9 as stoploss and 3648.9 as target.
Share price targets for Bajaj Auto (BajajAuto)
| Target Type | Value |
| Downside Target | 3462.05 |
| Upside Target | 3636.60 |
| Upside Target | 3641.65 |
| Upside Target | 3645.65 |
| 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 | 3580.67 |
| Downside Intraday Target | 3537.38 |
| Upside Intraday Target | 3648.62 |
| Upside Intraday Target | 3673.28 |
| Downside Intraday Target | 3605.33 |
Weekly technical analysis of Bajaj Auto (BajajAuto)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 3623.95 | 3562.05 | 3630.00 | 3562.05 | 0.598 times |
| 20 Fri Jan 2023 | 3573.00 | 3577.55 | 3636.60 | 3551.20 | 2.346 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 |
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 |
| 23 Mon Jan 2023 | 3623.95 | 3626.95 | 3673.65 | 3522.00 | 1.68 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 | 0.434 times |
| 31 Mon Oct 2022 | 3669.25 | 3539.95 | 3725.05 | 3475.00 | 0.75 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Bajaj Auto (BajajAuto)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 16, 17 | Buy |
| MACD | -18, -23 | Buy |
| Stochastics | 52 | None |
| CCI | 87 | Buy |
| RSI | 52 | Buy |
| OBV | 49914 | Sell |
| VWAP | 3601 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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. Bulls are getting stronger in this stock.
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 and BUY 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
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 3600.75 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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