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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.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Bajaj Electricals is 41654

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1003.00	1007.00	1010.00	999.60	0.719 times
04 Mon Mar 2024	1000.70	998.40	1019.00	995.00	0.868 times
02 Sat Mar 2024	1010.20	1019.80	1024.90	1006.00	0.115 times
01 Fri Mar 2024	1019.75	1007.65	1023.15	998.10	0.833 times
29 Thu Feb 2024	995.80	1006.00	1011.85	993.05	1.149 times
28 Wed Feb 2024	1004.50	1020.00	1034.90	1001.00	1.575 times
27 Tue Feb 2024	1030.05	1008.00	1032.25	1000.25	2.171 times
26 Mon Feb 2024	1004.20	1011.95	1025.00	992.00	1.011 times
23 Fri Feb 2024	1004.00	1023.80	1023.80	1000.00	1.166 times
22 Thu Feb 2024	1018.85	1045.00	1045.00	1000.80	0.604 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1005.1, but if it comes above 1005.1, then a intra day buy could be more profitable.
If you take a sell trade below 1005.1, then use 1005.1 as stoploss and 992.2 as target. However if you take a buy trade in stock , then use 1005.1 as stoploss and 1015.84 as target.

Share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Target	975.00
Upside Target	1024.90
Upside Target	1034.00
Upside Target	1034.90
Upside Target	1045.00
Upside Target	1064.85
Upside Target	1069.90
Upside Target	1082.70

Intraday share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Intraday Target	992.33
Downside Intraday Target	981.67
Upside Intraday Target	1016.33
Upside Intraday Target	1029.67
Upside Intraday Target	1005.67

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1003.00	998.40	1019.00	995.00	0.232 times
02 Sat Mar 2024	1010.20	1011.95	1034.90	992.00	2.09 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

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
05 Tue Mar 2024	1003.00	1007.65	1024.90	995.00	0.079 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 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 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 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 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.

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 SELL signal for Bajaj Electricals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1010.59 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.