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.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Bajaj Electricals is 39846

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1019.75	1007.65	1023.15	998.10	0.871 times
29 Thu Feb 2024	995.80	1006.00	1011.85	993.05	1.202 times
28 Wed Feb 2024	1004.50	1020.00	1034.90	1001.00	1.647 times
27 Tue Feb 2024	1030.05	1008.00	1032.25	1000.25	2.27 times
26 Mon Feb 2024	1004.20	1011.95	1025.00	992.00	1.057 times
23 Fri Feb 2024	1004.00	1023.80	1023.80	1000.00	1.219 times
22 Thu Feb 2024	1018.85	1045.00	1045.00	1000.80	0.631 times
21 Wed Feb 2024	1031.15	1022.40	1038.00	1022.05	0.53 times
20 Tue Feb 2024	1022.40	1022.00	1030.25	1017.10	0.455 times
19 Mon Feb 2024	1030.40	1015.00	1034.90	1010.30	0.594 times

My analysis of stock is bearish for shortterm, and stock might move down till 1006.3 or till 985.2. Use a stoploss of 1023.84 and if the stock hits stoploss, then it can shoot up till 1041.39

Share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Target	975.00
Upside Target	1023.15
Upside Target	1034.00
Upside Target	1034.90
Upside Target	1045.00
Upside Target	1064.85
Upside Target	1069.90
Upside Target	1079.10
Upside Target	1082.70

Intraday share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Intraday Target	996.2
Downside Intraday Target	972.65
Upside Intraday Target	1039.1
Upside Intraday Target	1058.45
Downside Intraday Target	1015.55

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1019.75	1011.95	1034.90	992.00	2.055 times
23 Fri Feb 2024	1004.00	1015.00	1045.00	1000.00	0.851 times
16 Fri Feb 2024	1020.30	1029.80	1045.00	997.35	0.239 times
09 Fri Feb 2024	1017.00	1057.70	1082.70	1002.00	2.353 times
02 Fri Feb 2024	1057.70	1039.75	1079.10	1026.05	1.813 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1019.75	1007.65	1023.15	998.10	0.026 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
29 Fri Dec 2023	988.30	1001.00	1034.00	976.95	1.006 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 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bajaj Electricals ( (BAJAJELEC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bajaj Electricals stock for short term is SELL. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Bajaj Electricals in short term but BUY signal is weak.

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 1014.68 and Bajaj Electricals (BAJAJELEC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.