Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Bajaj Electricals is 118654

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	939.65	949.75	952.00	935.20	0.766 times
23 Tue Apr 2024	944.70	954.70	962.35	941.10	2.562 times
22 Mon Apr 2024	951.10	954.70	954.70	945.35	0.479 times
19 Fri Apr 2024	947.05	959.00	959.90	924.00	0.481 times
18 Thu Apr 2024	940.35	954.10	960.60	937.15	0.255 times
16 Tue Apr 2024	954.10	950.00	958.45	942.55	0.254 times
15 Mon Apr 2024	943.15	951.95	968.75	940.05	2.503 times
12 Fri Apr 2024	963.45	988.75	996.95	950.00	1.078 times
10 Wed Apr 2024	997.75	993.60	1002.80	982.80	0.439 times
09 Tue Apr 2024	993.80	990.05	1000.00	983.35	0.462 times

My analysis of stock is bearish for shortterm, and stock might move down till 924.4 or till 891.8. Use a stoploss of 951.68 and if the stock hits stoploss, then it can shoot up till 978.92

Share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Target	889.95
Downside Target	924.00
Upside Target	987.50
Upside Target	992.00
Upside Target	1020.00
Upside Target	1024.90
Upside Target	1034.00
Upside Target	1052.60
Upside Target	1069.90
Upside Target	1082.70

Intraday share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Intraday Target	929.12
Downside Intraday Target	918.58
Upside Intraday Target	956.27
Upside Intraday Target	972.88
Upside Intraday Target	945.73

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	939.65	954.70	962.35	935.20	1.09 times
19 Fri Apr 2024	947.05	951.95	968.75	924.00	1.007 times
12 Fri Apr 2024	963.45	1020.00	1020.00	950.00	0.54 times
05 Fri Apr 2024	995.60	907.65	1052.60	889.95	4.473 times
28 Thu Mar 2024	907.65	940.00	942.00	900.00	0.524 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 Electricals (BAJAJELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	939.65	907.65	1052.60	889.95	1.719 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, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bajaj Electricals ( (BAJAJELEC) ) 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 Electricals ( (BAJAJELEC) ) based on a short to mid 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 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 gaining momentum.

MACD generated a SELL signal for Bajaj Electricals in short term and the sell signal is strong.

Bajaj Electricals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bajaj Electricals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bajaj Electricals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 951.58 and Bajaj Electricals (BAJAJELEC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.