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(BAJEL) Bajel Projects complete technical analysis [charts+indicators] | Buy/Sell Bajel Projects | (BAJEL) share price targets

Complete technical analysis of Bajel Projects (BAJEL) by charts plus indicators, forecast predictions and share price targets for Bajel Projects (BAJEL)

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Bajel Projects is 603371

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	254.30	254.00	259.65	250.10	0.547 times
28 Tue May 2024	252.80	264.30	264.80	251.50	0.676 times
27 Mon May 2024	261.95	271.00	272.25	261.05	0.782 times
24 Fri May 2024	268.40	281.80	292.70	266.95	2.69 times
23 Thu May 2024	280.10	267.95	280.10	260.05	1.515 times
22 Wed May 2024	266.80	259.80	271.20	259.30	1.597 times
21 Tue May 2024	258.30	259.90	262.90	253.60	0.438 times
18 Sat May 2024	257.55	260.50	265.00	256.00	0.504 times
17 Fri May 2024	260.80	261.95	268.15	258.00	0.41 times
16 Thu May 2024	260.65	262.60	264.75	260.00	0.377 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 253.9 as stoploss in an intra day buy trade for a target of 262.38. However, stock will show a bearish move below 253.9.

Share price targets for Bajel Projects (BAJEL)

Target Type	Value
Downside Target	108.25
Downside Target	175.00
Downside Target	179.35
Downside Target	196.45
Downside Target	209.00
Downside Target	234.00
Downside Target	245.05
Upside Target	265.20
Upside Target	272.25
Upside Target	284.50
Upside Target	289.60
Upside Target	292.70
Upside Target	296.00

Intraday share price targets for Bajel Projects (BAJEL)

Target Type	Value
Downside Intraday Target	245.52
Downside Intraday Target	236.73
Upside Intraday Target	267.67
Upside Intraday Target	281.03
Upside Intraday Target	258.88

Weekly technical analysis of Bajel Projects (BAJEL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	254.30	271.00	272.25	250.10	0.321 times
24 Fri May 2024	268.40	259.90	292.70	253.60	1.53 times
18 Sat May 2024	257.55	257.00	273.50	245.10	0.864 times
10 Fri May 2024	256.30	284.50	284.50	245.05	0.929 times
03 Fri May 2024	280.10	279.90	289.60	265.20	0.411 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 Bajel Projects (BAJEL)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	254.30	271.75	292.70	245.05	0.489 times
30 Tue Apr 2024	270.10	220.00	296.00	209.00	2.394 times
28 Thu Mar 2024	215.20	220.00	234.00	175.00	0.4 times
29 Thu Feb 2024	217.25	183.45	248.35	179.35	0.395 times

Scroll below to view daily charts

Price has moved down 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 Bajel Projects (BAJEL)

Price action analysis of Bajel Projects ( (BAJEL) ) 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 Bajel Projects ( (BAJEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bajel Projects ( (BAJEL) ) 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 Bajel Projects stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bajel Projects in short term but the sell signal is initial and weak.

Bajel Projects Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Bajel Projects in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Bajel Projects is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 265.88 and Bajel Projects (BAJEL) 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 Bajel Projects (BAJEL) stock. Volume based technical analysis of Bajel Projects (BAJEL) stock is negative.

Bajel Projects Stock has given negative 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.