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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 113897

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	944.70	954.70	962.35	941.10	2.669 times
22 Mon Apr 2024	951.10	954.70	954.70	945.35	0.499 times
19 Fri Apr 2024	947.05	959.00	959.90	924.00	0.501 times
18 Thu Apr 2024	940.35	954.10	960.60	937.15	0.265 times
16 Tue Apr 2024	954.10	950.00	958.45	942.55	0.265 times
15 Mon Apr 2024	943.15	951.95	968.75	940.05	2.607 times
12 Fri Apr 2024	963.45	988.75	996.95	950.00	1.123 times
10 Wed Apr 2024	997.75	993.60	1002.80	982.80	0.457 times
09 Tue Apr 2024	993.80	990.05	1000.00	983.35	0.481 times
08 Mon Apr 2024	983.35	1020.00	1020.00	972.40	1.551 times

Stock of Bajaj Electricals (BAJAJELEC) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 924.4 or till 891.7. Use a stoploss of 951.66 and if the stock hits stoploss, then it can shoot up till 978.91

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	936.42
Downside Intraday Target	928.13
Upside Intraday Target	957.67
Upside Intraday Target	970.63
Upside Intraday Target	949.38

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	944.70	954.70	962.35	941.10	0.871 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
23 Tue Apr 2024	944.70	907.65	1052.60	889.95	1.643 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 957.23 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.