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(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 2024-04-10 View latest technical analysis

10 day averaged volume of Bajaj Elect is 6655

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	997.90	994.00	1002.60	982.90	0.882 times
09 Tue Apr 2024	994.50	994.55	999.95	983.45	0.343 times
08 Mon Apr 2024	982.65	1029.95	1029.95	979.05	0.647 times
05 Fri Apr 2024	995.50	982.60	1051.00	958.95	1.62 times
04 Thu Apr 2024	976.95	972.50	982.15	966.65	0.59 times
03 Wed Apr 2024	961.75	951.25	969.80	945.00	0.317 times
02 Tue Apr 2024	950.70	939.00	953.65	934.00	2.42 times
01 Mon Apr 2024	929.30	923.35	946.40	890.00	0.857 times
28 Thu Mar 2024	905.60	919.00	921.00	898.85	1.03 times
27 Wed Mar 2024	901.55	922.50	927.95	900.00	1.057 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 978.2, but if it comes below 978.2, then a intra day sell could be more profitable.
If you take a sell trade below 978.2, then use 978.2 as stoploss and 950.18 as target. However if you take a buy trade in stock , then use 978.2 as stoploss and 1011.7 as target.

Share price targets for Bajaj Elect (BajajElect)

Target Type	Value
Downside Target	890.00
Downside Target	937.15
Downside Target	966.40
Upside Target	999.60
Upside Target	1024.95
Upside Target	1029.95
Upside Target	1034.15
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	974.65
Downside Intraday Target	951.4
Upside Intraday Target	1025.55
Upside Intraday Target	1053.2
Upside Intraday Target	1002.3

Weekly technical analysis of Bajaj Elect (BajajElect)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	997.90	1029.95	1029.95	979.05	0.323 times
05 Fri Apr 2024	995.50	923.35	1051.00	890.00	1.811 times
28 Thu Mar 2024	905.60	932.20	937.15	898.85	2.139 times
22 Fri Mar 2024	927.40	938.75	966.40	916.60	0.629 times
15 Fri Mar 2024	930.15	992.40	999.60	913.70	1.93 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
10 Wed Apr 2024	997.90	923.35	1051.00	890.00	0.868 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
31 Wed Jan 2024	1046.20	999.95	1066.55	989.00	1.076 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 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 ( (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 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 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. 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 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 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 956.04 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.