(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 847517
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Jan 2021||760.45||770.00||795.00||747.00||0.194 times|
|21 Thu Jan 2021||765.65||742.70||797.00||742.70||0.59 times|
|20 Wed Jan 2021||736.40||754.90||755.00||731.00||0.114 times|
|19 Tue Jan 2021||750.65||720.00||765.00||719.90||0.31 times|
|18 Mon Jan 2021||716.80||742.10||748.90||700.00||0.163 times|
|15 Fri Jan 2021||741.95||761.00||772.70||735.00||0.388 times|
|14 Thu Jan 2021||767.30||820.00||857.95||742.25||2.803 times|
|13 Wed Jan 2021||818.25||712.65||838.00||710.05||3.26 times|
|12 Tue Jan 2021||712.65||713.95||724.70||698.00||0.593 times|
|11 Mon Jan 2021||704.65||672.00||712.60||663.00||1.297 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 752.4, but if it comes below 752.4, then a intra day sell could be more profitable.
If you take a sell trade below 752.4, then use 752.4 as stoploss and 684.95 as target. However if you take a buy trade in stock , then use 752.4 as stoploss and 833.4 as target.
Share price targets for Bajaj Electricals (BAJAJELEC)
Intraday share price targets for Bajaj Electricals (BAJAJELEC)
|Downside Intraday Target||707.97|
|Downside Intraday Target||655.48|
|Upside Intraday Target||804.97|
|Upside Intraday Target||849.48|
|Downside Intraday Target||752.48|
Weekly technical analysis of Bajaj Electricals (BAJAJELEC)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Jan 2021||760.45||742.10||797.00||700.00||0.164 times|
|15 Fri Jan 2021||741.95||672.00||857.95||663.00||5.849 times|
|08 Fri Jan 2021||665.35||615.00||672.10||602.25||3.335 times|
|01 Fri Jan 2021||610.80||621.40||623.00||605.00||0.365 times|
|24 Thu Dec 2020||611.10||632.00||648.80||520.00||1.057 times|
Price has moved up 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|
|22 Fri Jan 2021||760.45||619.80||857.95||602.25||2.238 times|
|31 Thu Dec 2020||610.55||575.00||648.80||520.00||0.502 times|
|27 Fri Nov 2020||572.55||486.00||582.65||480.00||1.643 times|
|30 Fri Oct 2020||487.45||506.90||534.00||480.40||0.777 times|
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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||35, 8, 63||Buy|
Price action analysis of Bajaj Electricals ( (BAJAJELEC) ) based on a short 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bajaj Electricals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Bajaj Electricals in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bajaj Electricals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bajaj Electricals in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 769.71 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.