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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 2024-04-04 View latest technical analysis

10 day averaged volume of Bajaj Electricals is 85803

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	978.50	970.00	983.10	966.50	0.616 times
03 Wed Apr 2024	965.20	955.65	970.05	943.80	0.562 times
02 Tue Apr 2024	950.85	948.45	955.00	934.40	1.271 times
01 Mon Apr 2024	927.85	907.65	946.00	889.95	3.445 times
28 Thu Mar 2024	907.65	902.55	921.95	902.50	0.479 times
27 Wed Mar 2024	902.55	928.85	928.85	900.00	0.777 times
26 Tue Mar 2024	919.45	940.00	942.00	912.00	0.73 times
22 Fri Mar 2024	927.45	953.00	953.50	923.40	0.616 times
21 Thu Mar 2024	939.25	955.00	955.00	936.00	0.307 times
20 Wed Mar 2024	949.55	961.45	961.45	934.85	1.464 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 978.8 as stoploss in an intra day sell trade for a target of 950.59. However, stock will show a bullish move above 978.8.

Share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Target	889.95
Downside Target	942.00
Downside Target	969.00
Upside Target	987.50
Upside Target	992.00
Upside Target	1003.15
Upside Target	1019.00
Upside Target	1024.90
Upside Target	1034.00
Upside Target	1069.90
Upside Target	1082.70

Intraday share price targets for Bajaj Electricals (BAJAJELEC)

Target Type	Value
Downside Intraday Target	917.93
Downside Intraday Target	857.37
Upside Intraday Target	1011.08
Upside Intraday Target	1043.67
Downside Intraday Target	950.52

Weekly technical analysis of Bajaj Electricals (BAJAJELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	978.50	907.65	983.10	889.95	2.968 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
15 Fri Mar 2024	929.45	994.95	1003.15	910.00	1.21 times
07 Thu Mar 2024	994.75	998.40	1019.00	983.00	1.033 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
04 Thu Apr 2024	978.50	907.65	983.10	889.95	0.426 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 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Electricals in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bajaj Electricals in short term and BUY 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

Although the stock is in the SELL zone, but selling 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 935.74 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 is giving positive 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.