(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 2024-02-02 View latest technical analysis
10 day averaged volume of Bajaj Elect is 3009
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 1051.80 | 1052.05 | 1077.65 | 1041.85 | 2.92 times |
| 01 Thu Feb 2024 | 1051.30 | 1051.85 | 1052.10 | 1036.95 | 0.411 times |
| 31 Wed Jan 2024 | 1046.20 | 1055.20 | 1065.00 | 1037.20 | 0.92 times |
| 30 Tue Jan 2024 | 1044.20 | 1043.85 | 1046.90 | 1027.00 | 0.502 times |
| 29 Mon Jan 2024 | 1037.50 | 1036.75 | 1047.70 | 1026.80 | 2.467 times |
| 25 Thu Jan 2024 | 1036.95 | 1038.95 | 1044.45 | 1024.20 | 0.777 times |
| 24 Wed Jan 2024 | 1032.75 | 1012.15 | 1034.85 | 1012.15 | 1.898 times |
| 23 Tue Jan 2024 | 1019.35 | 1032.00 | 1035.00 | 1007.45 | 0.715 times |
| 22 Mon Jan 2024 | 1033.00 | 1031.00 | 1043.00 | 1026.00 | 0.338 times |
| 19 Fri Jan 2024 | 1032.70 | 1051.25 | 1051.25 | 1020.45 | 1.109 times |
Stock of Bajaj Elect (BajajElect) 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 1048.2, but if it comes below 1048.2, then a intra day sell could be more profitable.
If you take a sell trade below 1048.2, then use 1048.2 as stoploss and 1037.5 as target. However if you take a buy trade in stock , then use 1048.2 as stoploss and 1061 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 | 1062.00 |
| Upside Target | 1063.50 |
| Upside Target | 1066.55 |
| Upside Target | 1077.65 |
| Upside Target | 1167.95 |
Intraday share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Intraday Target | 1026.52 |
| Downside Intraday Target | 1001.23 |
| Upside Intraday Target | 1077.37 |
| Upside Intraday Target | 1102.93 |
| Upside Intraday Target | 1052.08 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 1051.80 | 1036.75 | 1077.65 | 1026.80 | 1.937 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bajaj Elect (BajajElect)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 1051.80 | 1051.85 | 1077.65 | 1036.95 | 0.114 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 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 ( (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 Strong and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 1039.95 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 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 ( (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 Strong and stock is gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 1039.95 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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