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 110084

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	936.30	943.00	946.70	932.00	0.367 times
24 Wed Apr 2024	939.65	949.75	952.00	935.20	0.826 times
23 Tue Apr 2024	944.70	954.70	962.35	941.10	2.762 times
22 Mon Apr 2024	951.10	954.70	954.70	945.35	0.516 times
19 Fri Apr 2024	947.05	959.00	959.90	924.00	0.518 times
18 Thu Apr 2024	940.35	954.10	960.60	937.15	0.274 times
16 Tue Apr 2024	954.10	950.00	958.45	942.55	0.274 times
15 Mon Apr 2024	943.15	951.95	968.75	940.05	2.698 times
12 Fri Apr 2024	963.45	988.75	996.95	950.00	1.161 times
10 Wed Apr 2024	997.75	993.60	1002.80	982.80	0.473 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 925.2 as stoploss in an intra day buy trade for a target of 952.12. However, stock will show a bearish move below 925.2.

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	924.75
Downside Intraday Target	913.2
Upside Intraday Target	955.1
Upside Intraday Target	973.9
Upside Intraday Target	943.55

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	936.30	954.70	962.35	932.00	1.188 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
25 Thu Apr 2024	936.30	907.65	1052.60	889.95	1.753 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 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 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 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 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 getting stronger in this stock.

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 negative zone. This is the SELL 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 948.89 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.