(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 2024-05-29 View latest technical analysis
10 day averaged volume of Bajaj Elect is 34873
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 937.95 | 949.90 | 949.90 | 931.00 | 0.031 times |
| 28 Tue May 2024 | 934.20 | 939.00 | 940.00 | 929.05 | 0.102 times |
| 27 Mon May 2024 | 939.15 | 959.95 | 959.95 | 930.00 | 0.092 times |
| 24 Fri May 2024 | 944.05 | 969.95 | 969.95 | 940.00 | 0.06 times |
| 23 Thu May 2024 | 955.75 | 941.95 | 962.70 | 931.25 | 0.26 times |
| 22 Wed May 2024 | 932.70 | 955.10 | 955.10 | 926.90 | 0.134 times |
| 21 Tue May 2024 | 936.35 | 951.05 | 951.05 | 933.80 | 8.946 times |
| 18 Sat May 2024 | 951.05 | 958.40 | 958.40 | 943.35 | 0.011 times |
| 17 Fri May 2024 | 944.95 | 924.00 | 958.35 | 922.85 | 0.102 times |
| 16 Thu May 2024 | 924.75 | 940.00 | 940.00 | 920.00 | 0.056 times |
My analysis of stock is bearish for shortterm, and stock might move down till 929.9 or till 916.1. Use a stoploss of 941.46 and if the stock hits stoploss, then it can shoot up till 953
Share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Target | 890.00 |
| Downside Target | 926.10 |
| Upside Target | 959.95 |
| Upside Target | 980.00 |
| Upside Target | 989.00 |
| Upside Target | 992.00 |
| Upside Target | 1024.95 |
| Upside Target | 1051.00 |
| Upside Target | 1066.55 |
| Upside Target | 1081.75 |
Intraday share price targets for Bajaj Elect (BajajElect)
| Target Type | Value |
| Downside Intraday Target | 924.68 |
| Downside Intraday Target | 911.42 |
| Upside Intraday Target | 955.58 |
| Upside Intraday Target | 973.22 |
| Upside Intraday Target | 942.32 |
Weekly technical analysis of Bajaj Elect (BajajElect)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 937.95 | 959.95 | 959.95 | 929.05 | 0.024 times |
| 24 Fri May 2024 | 944.05 | 951.05 | 969.95 | 926.90 | 8.044 times |
| 18 Sat May 2024 | 951.05 | 922.70 | 968.00 | 902.20 | 1.198 times |
| 10 Fri May 2024 | 928.20 | 950.05 | 980.00 | 926.10 | 3.087 times |
| 03 Fri May 2024 | 949.85 | 945.30 | 960.00 | 934.30 | 0.779 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 Elect (BajajElect)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 937.95 | 953.75 | 980.00 | 902.20 | 3.891 times |
| 30 Tue Apr 2024 | 945.50 | 923.35 | 1051.00 | 890.00 | 1.815 times |
| 28 Thu Mar 2024 | 905.60 | 1000.05 | 1024.95 | 898.85 | 0.969 times |
| 29 Thu Feb 2024 | 996.35 | 1051.85 | 1081.75 | 992.00 | 0.691 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 Elect ( (BajajElect) ) 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 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 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 Weak 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Elect in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 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 936.91 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 negative.
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 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 Elect ( (BajajElect) ) 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 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 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 Weak 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Elect in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 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 936.91 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 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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