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(BAJFINANCE) Bajaj Finance complete technical analysis [charts+indicators] | Buy/Sell Bajaj Finance | (BAJFINANCE) share price targets

Complete technical analysis of Bajaj Finance (BAJFINANCE) by charts plus indicators, forecast predictions and share price targets for Bajaj Finance (BAJFINANCE)

10 day averaged volume of Bajaj Finance is 2292257

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 6872.55 6889.95 6943.10 6788.00 0.566 times
06 Mon May 2024 6859.85 7007.95 7019.95 6845.00 0.537 times
03 Fri May 2024 6931.50 7329.00 7400.00 6906.95 2.975 times
02 Thu May 2024 6882.70 6937.85 6969.95 6865.00 0.497 times
30 Tue Apr 2024 6923.55 6829.95 6975.00 6821.95 0.785 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6879.5, but if it comes above 6879.5, then a intra day buy could be more profitable.
If you take a sell trade below 6879.5, then use 6879.5 as stoploss and 6659.6 as target. However if you take a buy trade in stock , then use 6879.5 as stoploss and 7062.75 as target.

Share price targets for Bajaj Finance (BAJFINANCE)

Target Type Value
Downside Target 6187.80
Downside Target 6366.20
Downside Target 6691.50
Upside Target 7198.80
Upside Target 7264.00
Upside Target 7349.30
Upside Target 7400.00
Upside Target 7419.45
Upside Target 7830.00

Intraday share price targets for Bajaj Finance (BAJFINANCE)

Target Type Value
Downside Intraday Target 6767.05
Downside Intraday Target 6661.55
Upside Intraday Target 6999
Upside Intraday Target 7125.45
Upside Intraday Target 6893.5

Weekly technical analysis of Bajaj Finance (BAJFINANCE)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 6872.55 7007.95 7019.95 6788.00 0.221 times
03 Fri May 2024 6931.50 6789.95 7400.00 6713.05 1.13 times
26 Fri Apr 2024 6731.20 7167.30 7419.45 6691.50 2.34 times
19 Fri Apr 2024 7119.50 7145.05 7198.80 6810.05 1.497 times
12 Fri Apr 2024 7229.55 7215.00 7264.00 7124.50 0.546 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 Finance (BAJFINANCE)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 6872.55 6937.85 7400.00 6788.00 0.402 times
30 Tue Apr 2024 6923.55 7261.25 7419.45 6691.50 0.976 times
28 Thu Mar 2024 7245.25 6511.75 7349.30 6187.80 1.017 times
29 Thu Feb 2024 6495.35 6865.90 6910.00 6366.20 0.87 times

Price has moved down 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 Finance (BAJFINANCE)

Indicator Name Indicator Value Indicator Signal
ADX 32, 25, 13 Buy
MACD -7, 47Sell
Stochastics 27Sell
CCI -54Sell
RSI 43Sell
OBV -216264Sell
VWAP 6912Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Bajaj Finance ( (BAJFINANCE) ) 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 Finance ( (BAJFINANCE) ) 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 Finance ( (BAJFINANCE) ) based on a short to mid 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 Finance ( (BAJFINANCE) ) 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 Finance stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bajaj Finance in short term and the sell signal is strong.

Bajaj Finance 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Bajaj Finance 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bajaj Finance is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6912.25 and Bajaj Finance (BAJFINANCE) 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 Finance (BAJFINANCE) stock. Volume based technical analysis of Bajaj Finance (BAJFINANCE) stock is negative.

Bajaj Finance Stock has given negative 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.

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