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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.

10 day averaged volume of Bajaj Electricals is 120502

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	940.35	954.10	960.60	937.15	0.251 times
16 Tue Apr 2024	954.10	950.00	958.45	942.55	0.25 times
15 Mon Apr 2024	943.15	951.95	968.75	940.05	2.464 times
12 Fri Apr 2024	963.45	988.75	996.95	950.00	1.061 times
10 Wed Apr 2024	997.75	993.60	1002.80	982.80	0.432 times
09 Tue Apr 2024	993.80	990.05	1000.00	983.35	0.455 times
08 Mon Apr 2024	983.35	1020.00	1020.00	972.40	1.466 times
05 Fri Apr 2024	995.60	987.95	1052.60	950.05	2.128 times
04 Thu Apr 2024	978.50	970.00	983.10	966.50	0.439 times
03 Wed Apr 2024	965.20	955.65	970.05	943.80	0.4 times

My analysis of stock is bearish for shortterm, and stock might move down till 925.4 or till 892.7. Use a stoploss of 952.66 and if the stock hits stoploss, then it can shoot up till 979.92

Share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Target	889.95
Downside Target	937.15
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	928.75
Downside Intraday Target	917.15
Upside Intraday Target	960.35
Upside Intraday Target	980.35
Upside Intraday Target	948.75

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	940.35	951.95	968.75	937.15	0.869 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
22 Fri Mar 2024	927.45	929.45	969.00	916.95	0.912 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
18 Thu Apr 2024	940.35	907.65	1052.60	889.95	1.29 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 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 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.

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 BUY. Signal strength is Weak and stock is losing 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 971.51 and Bajaj Electricals (BAJAJELEC) stock is trading below this level. This means that stock is falling with high volumes. 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 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.