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(BAJAJ-AUTO) Bajaj Auto complete technical analysis [charts+indicators] | Buy/Sell Bajaj Auto | (BAJAJ-AUTO) share price targets

Complete technical analysis of Bajaj Auto (BAJAJ-AUTO) by charts plus indicators, forecast predictions and share price targets for Bajaj Auto (BAJAJ-AUTO)

Bajaj Auto trades in NSE in 2 sector.

Showing technical analysis as on 2024-04-23 View latest technical analysis

10 day averaged volume of Bajaj Auto is 517296

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	8795.80	8845.00	8861.50	8761.00	0.571 times
22 Mon Apr 2024	8795.75	8884.00	8884.00	8745.00	0.626 times
19 Fri Apr 2024	8804.50	9075.05	9090.00	8700.05	2.677 times
18 Thu Apr 2024	9021.30	8967.90	9129.00	8950.00	1.584 times
16 Tue Apr 2024	8919.15	8948.00	9029.45	8784.10	0.942 times
15 Mon Apr 2024	8997.05	9059.10	9177.70	8945.00	0.748 times
12 Fri Apr 2024	9064.85	8949.05	9119.00	8930.00	0.929 times
10 Wed Apr 2024	9005.55	9034.80	9049.80	8901.35	0.618 times
09 Tue Apr 2024	8978.90	9090.00	9132.70	8936.40	0.46 times
08 Mon Apr 2024	9030.50	9049.00	9090.00	8951.30	0.727 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8863.5, but if it comes above 8863.5, then a intra day buy could be more profitable.
If you take a sell trade below 8863.5, then use 8863.5 as stoploss and 8703.6 as target. However if you take a buy trade in stock , then use 8863.5 as stoploss and 8996.74 as target.

Share price targets for Bajaj Auto (BAJAJ-AUTO)

Target Type	Value
Downside Target	5987.85
Downside Target	6560.95
Downside Target	6833.95
Downside Target	7633.50
Downside Target	7945.30
Downside Target	8650.00
Upside Target	8988.05
Upside Target	9132.70
Upside Target	9177.70
Upside Target	9287.80
Upside Target	9357.95

Intraday share price targets for Bajaj Auto (BAJAJ-AUTO)

Target Type	Value
Downside Intraday Target	8732.53
Downside Intraday Target	8669.27
Upside Intraday Target	8871.53
Upside Intraday Target	8947.27
Upside Intraday Target	8808.27

Weekly technical analysis of Bajaj Auto (BAJAJ-AUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	8795.80	8884.00	8884.00	8745.00	0.201 times
19 Fri Apr 2024	8804.50	9059.10	9177.70	8700.05	2.176 times
12 Fri Apr 2024	9064.85	9049.00	9132.70	8901.35	0.534 times
05 Fri Apr 2024	9009.50	9194.80	9357.95	8988.05	1.098 times
28 Thu Mar 2024	9148.15	8945.25	9287.80	8851.05	0.71 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 Auto (BAJAJ-AUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	8795.80	9194.80	9357.95	8700.05	0.651 times
28 Thu Mar 2024	9148.15	7955.00	9287.80	7945.30	1.301 times
29 Thu Feb 2024	7909.35	7680.00	8650.00	7633.50	0.626 times
31 Wed Jan 2024	7667.55	6770.00	7686.00	6560.95	1.56 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 Bajaj Auto (BAJAJ-AUTO)

Price action analysis of Bajaj Auto ( (BAJAJ-AUTO) ) 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 Auto ( (BAJAJ-AUTO) ) 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 Auto ( (BAJAJ-AUTO) ) 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 Bajaj Auto stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Bajaj Auto 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 Bajaj Auto 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 Bajaj Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8925.48 and Bajaj Auto (BAJAJ-AUTO) 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 Auto (BAJAJ-AUTO) stock. Volume based technical analysis of Bajaj Auto (BAJAJ-AUTO) stock is negative.

Bajaj Auto 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.