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2020 Bajaj Auto (BAJAJ-AUTO) technical analysis [forecast] stock price targets

Bajaj Auto technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Bajaj Auto deals in 2 Bajaj Auto option chain analysis

Date Close Open High Low Volume
23 Wed Sep 2986.20 2993.00 3047.60 2955.00 9.49 lakhs
22 Tue Sep 2985.85 2984.20 3009.45 2942.10 6.91 lakhs
21 Mon Sep 2986.70 3045.95 3045.95 2960.10 7.79 lakhs
18 Fri Sep 3050.95 3023.10 3070.00 2996.00 9.37 lakhs
17 Thu Sep 3019.20 3015.00 3029.95 2985.25 6.87 lakhs
BAJAJ-AUTO chart

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 3012.1 as stoploss in an intra day sell trade for a target of 2957.29. However, stock will show a bullish move above 3012.1.

  • Daily Price action analysis of BAJAJ-AUTO 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.

  • Daily Price action analysis of BAJAJ-AUTO 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.

  • Daily Price action analysis of BAJAJ-AUTO based on a 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.

Intraday technical analysis of Bajaj Auto

Stock is trading at 2986.20 as on 23 Wed Sep 15:33

Day open is at 2993.00, day high is at 3047.60, day low is at 2955.00, and day volume is at 374.57 lakhs so far.

First 15 minute high low range is 2958.00 - 3006.30

First hour high low range is 2955.00 - 3006.30

Date Intraday Price Open High Low Volume
23 Wed Sep 15:33 2986.20 2993.00 3047.60 2955.00 949226
23 Wed Sep 15:30 2985.00 2993.00 3047.60 2955.00 949226
23 Wed Sep 15:25 2985.65 2993.00 3047.60 2955.00 938031
23 Wed Sep 15:20 2980.00 2993.00 3047.60 2955.00 911972
23 Wed Sep 15:15 2985.90 2993.00 3047.60 2955.00 889240
Intraday BAJAJ-AUTO chart

Trend of Bajaj Auto is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Bajaj Auto (BAJAJ-AUTO) intraday stock price targets

  • EntEntry: 2982.15 or 2985.95
  • Upside target: 3006.3
  • Downside target : 2909.7
  • Second Upside target: 3016.9
  • Second Downside target : 2924.3

Bajaj Auto (BAJAJ-AUTO) weekly technical analysis

Date Weekly Close Open Range Volume
23 Wed Sep 2986.20 3045.95 2942.10
3047.60
24.196 lakhs
18 Fri Sep 3050.95 2922.00 2895.00
3070.00
53.083 lakhs
11 Fri Sep 2916.35 2898.35 2830.05
2941.95
36.532 lakhs
04 Fri Sep 2883.20 3025.00 2840.00
3029.00
77.742 lakhs
28 Fri Aug 3014.15 3062.90 2991.70
3138.00
46.319 lakhs
weekly BAJAJ-AUTO chart

Weekly forecast of Bajaj Auto is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Bajaj Auto 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.

Weekly Price action analysis of Bajaj Auto 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.

Bajaj Auto (BAJAJ-AUTO) Monthly technical analysis

Date Monthly Close Open Range Volume
23 Wed Sep 2986.20 2947.00 2830.05
3070.00
163.683 lakhs
31 Mon Aug 2967.00 2990.00 2910.00
3159.00
183.663 lakhs
31 Fri Jul 3004.95 2838.05 2811.60
3149.00
207.729 lakhs
30 Tue Jun 2826.05 2730.00 2610.25
2979.90
198.864 lakhs
29 Fri May 2710.50 2550.00 2361.30
2774.00
206.21 lakhs
monthly BAJAJ-AUTO chart

Monthly forecast of Bajaj Auto is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Bajaj Auto 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.

Monthly Price action analysis of Bajaj Auto 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.

Bajaj Auto Daily stock price targets

  • Upside daily target: 3099.28
  • Downside daily target: 2948.68

Bajaj Auto Weekly stock price targets

  • Upside weekly target: 3189.58
  • Upside weekly target: 3033.89
  • Downside weekly target: 2873.2

Bajaj Auto Monthly stock price targets

  • Upside monthly target: 3307.88
  • Upside monthly target: 3148.08
  • Upside monthly target: 2989.06
  • Downside monthly target: 2814
  • Downside monthly target: 2654.95
  • Downside monthly target: 2483.43
  • Downside monthly target: 2290.43
  • Downside monthly target: 2136.04
  • Downside monthly target: 1327.58

Bajaj Auto (BAJAJ-AUTO) indicators technical analysis

Price action analysis of Bajaj Auto (BAJAJ-AUTO) 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.

ADX buy sell signal for Bajaj Auto stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bajaj Auto in short term and the buy signal is strong.

Bajaj Auto 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 moving up

CCI has generated a buy signal for Bajaj Auto in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2988.24 and Bajaj Auto BAJAJ-AUTO 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 Auto BAJAJ-AUTO stock. Volume based technical analysis of Bajaj Auto BAJAJ-AUTO stock is negative.

Bajaj Auto 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.

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chart BAJAJ-AUTO