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(BAJAJELEC) Bajaj Electricals complete technical analysis [charts+indicators] | Buy/Sell Bajaj Electricals | (BAJAJELEC) share price targets

Complete technical analysis of Bajaj Electricals (BAJAJELEC) by charts plus indicators, forecast predictions and share price targets for Bajaj Electricals (BAJAJELEC)

Bajaj Electricals trades in NSE in Household Appliances sector.

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Bajaj Electricals is 89841

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	950.85	948.45	955.00	934.40	1.214 times
01 Mon Apr 2024	927.85	907.65	946.00	889.95	3.29 times
28 Thu Mar 2024	907.65	902.55	921.95	902.50	0.457 times
27 Wed Mar 2024	902.55	928.85	928.85	900.00	0.742 times
26 Tue Mar 2024	919.45	940.00	942.00	912.00	0.698 times
22 Fri Mar 2024	927.45	953.00	953.50	923.40	0.589 times
21 Thu Mar 2024	939.25	955.00	955.00	936.00	0.293 times
20 Wed Mar 2024	949.55	961.45	961.45	934.85	1.398 times
19 Tue Mar 2024	961.45	952.00	965.80	933.15	0.333 times
18 Mon Mar 2024	951.95	929.45	969.00	916.95	1.006 times

My analysis of stock is bearish for shortterm, and stock might move down till 921.7 or till 883. Use a stoploss of 953.95 and if the stock hits stoploss, then it can shoot up till 986.18

Share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Target	889.95
Downside Target	942.00
Upside Target	983.00
Upside Target	987.50
Upside Target	992.00
Upside Target	1003.15
Upside Target	1019.00
Upside Target	1024.90
Upside Target	1034.00
Upside Target	1069.90
Upside Target	1082.70

Intraday share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Intraday Target	908.87
Downside Intraday Target	866.88
Upside Intraday Target	973.92
Upside Intraday Target	996.98
Downside Intraday Target	931.93

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	950.85	907.65	955.00	889.95	2.375 times
28 Thu Mar 2024	907.65	940.00	942.00	900.00	0.524 times
22 Fri Mar 2024	927.45	929.45	969.00	916.95	0.912 times
15 Fri Mar 2024	929.45	994.95	1003.15	910.00	1.21 times
07 Thu Mar 2024	994.75	998.40	1019.00	983.00	1.033 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 Electricals (BAJAJELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	950.85	907.65	955.00	889.95	0.341 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
31 Wed Jan 2024	1047.85	987.50	1069.90	987.50	1.359 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 Electricals (BAJAJELEC)

Price action analysis of Bajaj Electricals ( (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 Electricals ( (BAJAJELEC) ) based on a short to mid 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 Electricals ( (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 Electricals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bajaj Electricals 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 Electricals 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 weakening, and bulls are picking up momentum!

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 Electricals in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 Electricals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 934.13 and Bajaj Electricals (BAJAJELEC) 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 Electricals (BAJAJELEC) stock. Volume based technical analysis of Bajaj Electricals (BAJAJELEC) stock is negative.

Bajaj Electricals 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.