(BAJAJELEC) Bajaj Elect complete technical analysis [charts+indicators] | Buy/Sell Bajaj Elect | (BAJAJELEC) share price targets
Complete technical analysis of Bajaj Elect (BAJAJELEC) by charts plus indicators, forecast predictions and share price targets for Bajaj Elect (BAJAJELEC)
10 day averaged volume of Bajaj Elect is 225690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 945.80 | 925.00 | 959.00 | 923.35 | 0.359 times |
| 16 Thu May 2024 | 925.65 | 937.00 | 937.00 | 920.05 | 0.171 times |
| 15 Wed May 2024 | 935.65 | 931.20 | 944.95 | 922.90 | 2.818 times |
| 14 Tue May 2024 | 948.80 | 927.75 | 976.95 | 914.00 | 2.917 times |
| 13 Mon May 2024 | 921.30 | 929.60 | 932.00 | 900.60 | 0.22 times |
My analysis of stock is bullish for shortterm, and stock might move up till 951.9 or till 964.2. Use a stoploss of 941.74 and if this stock hits its stoploss, then it can fall down till 931.55
Share price targets for Bajaj Elect (BAJAJELEC)
| Target Type | Value |
| Downside Target | 889.95 |
| Downside Target | 924.00 |
| Upside Target | 959.80 |
| Upside Target | 981.45 |
| Upside Target | 987.50 |
| Upside Target | 992.00 |
| Upside Target | 1024.90 |
| Upside Target | 1052.60 |
| Upside Target | 1069.90 |
| Upside Target | 1082.70 |
Intraday share price targets for Bajaj Elect (BAJAJELEC)
| Target Type | Value |
| Downside Intraday Target | 905.28 |
| Downside Intraday Target | 864.77 |
| Upside Intraday Target | 981.63 |
| Upside Intraday Target | 1017.47 |
| Downside Intraday Target | 941.12 |
Weekly technical analysis of Bajaj Elect (BAJAJELEC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 945.80 | 929.60 | 976.95 | 900.60 | 1.845 times |
| 10 Fri May 2024 | 927.80 | 956.70 | 981.45 | 925.55 | 3.03 times |
| 03 Fri May 2024 | 950.55 | 940.00 | 959.80 | 933.00 | 0.499 times |
| 26 Fri Apr 2024 | 938.30 | 954.70 | 962.35 | 932.00 | 1.267 times |
| 19 Fri Apr 2024 | 947.05 | 951.95 | 968.75 | 924.00 | 1.007 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bajaj Elect (BAJAJELEC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 945.80 | 954.75 | 981.45 | 900.60 | 1.02 times |
| 30 Tue Apr 2024 | 947.25 | 907.65 | 1052.60 | 889.95 | 1.933 times |
| 28 Thu Mar 2024 | 907.65 | 1007.65 | 1024.90 | 900.00 | 0.891 times |
| 29 Thu Feb 2024 | 995.80 | 1048.00 | 1082.70 | 992.00 | 0.862 times |
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 Elect (BAJAJELEC)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 28, 14, 33 | Buy |
| MACD | -14, -15 | Buy |
| Stochastics | 43 | None |
| CCI | 15 | Buy |
| RSI | 52 | Buy |
| OBV | 413583 | Sell |
| VWAP | 948 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bajaj Elect ( (BAJAJELEC) ) based on a short 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.
Price action analysis of Bajaj Elect ( (BAJAJELEC) ) 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 Elect ( (BAJAJELEC) ) based on a short to mid term time period is
Price action analysis of Bajaj Elect ( (BAJAJELEC) ) 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 Elect stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bajaj Elect 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 Elect 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 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 Elect 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 negative zone. This is the SELL zone
Stock of Bajaj Elect is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 948.44 and Bajaj Elect (BAJAJELEC) 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 Elect (BAJAJELEC) stock. Volume based technical analysis of Bajaj Elect (BAJAJELEC) stock is negative.
Bajaj Elect 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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