(BajajElect) Bajaj Elect complete technical analysis [charts+indicators] | Buy/Sell Bajaj Elect | (BajajElect) share price targets
Complete technical analysis of Bajaj Elect (BajajElect) by charts plus indicators, forecast predictions and share price targets for Bajaj Elect (BajajElect)
Showing technical analysis as on 2024-02-01 View latest technical analysis
10 day averaged volume of Bajaj Elect is 3252
Date | Daily Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 1051.30 | 1051.85 | 1052.10 | 1036.95 | 0.381 times |
31 Wed Jan 2024 | 1046.20 | 1055.20 | 1065.00 | 1037.20 | 0.851 times |
30 Tue Jan 2024 | 1044.20 | 1043.85 | 1046.90 | 1027.00 | 0.464 times |
29 Mon Jan 2024 | 1037.50 | 1036.75 | 1047.70 | 1026.80 | 2.283 times |
25 Thu Jan 2024 | 1036.95 | 1038.95 | 1044.45 | 1024.20 | 0.719 times |
24 Wed Jan 2024 | 1032.75 | 1012.15 | 1034.85 | 1012.15 | 1.756 times |
23 Tue Jan 2024 | 1019.35 | 1032.00 | 1035.00 | 1007.45 | 0.661 times |
22 Mon Jan 2024 | 1033.00 | 1031.00 | 1043.00 | 1026.00 | 0.313 times |
19 Fri Jan 2024 | 1032.70 | 1051.25 | 1051.25 | 1020.45 | 1.026 times |
18 Thu Jan 2024 | 1026.75 | 1044.80 | 1044.80 | 998.95 | 0.799 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1046.6, but if it comes below 1046.6, then a intra day sell could be more profitable.
If you take a sell trade below 1046.6, then use 1046.6 as stoploss and 1036.02 as target. However if you take a buy trade in stock , then use 1046.6 as stoploss and 1059.4 as target.
Share price targets for Bajaj Elect (BajajElect)
Target Type | Value |
Downside Target | 978.15 |
Downside Target | 1044.45 |
Downside Target | 1046.00 |
Upside Target | 1052.10 |
Upside Target | 1062.00 |
Upside Target | 1063.50 |
Upside Target | 1065.00 |
Upside Target | 1066.55 |
Upside Target | 1167.95 |
Intraday share price targets for Bajaj Elect (BajajElect)
Target Type | Value |
Downside Intraday Target | 1030.4 |
Downside Intraday Target | 1009.5 |
Upside Intraday Target | 1068.6 |
Upside Intraday Target | 1085.9 |
Downside Intraday Target | 1047.7 |
Weekly technical analysis of Bajaj Elect (BajajElect)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 1051.30 | 1036.75 | 1065.00 | 1026.80 | 1.154 times |
25 Thu Jan 2024 | 1036.95 | 1031.00 | 1044.45 | 1007.45 | 0.624 times |
19 Fri Jan 2024 | 1032.70 | 1058.90 | 1062.00 | 998.95 | 1.137 times |
12 Fri Jan 2024 | 1038.15 | 1026.05 | 1066.55 | 1023.00 | 0.506 times |
05 Fri Jan 2024 | 1026.05 | 999.95 | 1046.00 | 989.00 | 1.941 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 Elect (BajajElect)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 1051.30 | 1051.85 | 1052.10 | 1036.95 | 0.014 times |
31 Wed Jan 2024 | 1046.20 | 999.95 | 1066.55 | 989.00 | 1.076 times |
29 Fri Dec 2023 | 989.05 | 1006.95 | 1034.15 | 980.00 | 1.044 times |
30 Thu Nov 2023 | 994.55 | 1023.05 | 1063.50 | 978.15 | 0.624 times |
Scroll below to view daily charts
Price has moved up 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 (BajajElect)
Price action analysis of Bajaj Elect ( (BajajElect) ) 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 Elect ( (BajajElect) ) 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 Elect ( (BajajElect) ) 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 Elect ( (BajajElect) ) based on a mid to longer 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.
ADX buy sell signal for Bajaj Elect stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bajaj Elect in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bajaj Elect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Bajaj Elect in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bajaj Elect is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1035.35 and Bajaj Elect (BajajElect) 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 Elect (BajajElect) stock. Volume based technical analysis of Bajaj Elect (BajajElect) stock is negative.
Bajaj Elect 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.
Price action analysis of Bajaj Elect ( (BajajElect) ) 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 Elect ( (BajajElect) ) 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 Elect ( (BajajElect) ) 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 Elect ( (BajajElect) ) based on a mid to longer 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.
ADX buy sell signal for Bajaj Elect stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bajaj Elect in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bajaj Elect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Bajaj Elect in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bajaj Elect is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1035.35 and Bajaj Elect (BajajElect) 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 Elect (BajajElect) stock. Volume based technical analysis of Bajaj Elect (BajajElect) stock is negative.
Bajaj Elect 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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