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2022 Bajaj Finance (BAJFINANCE) technical analysis [forecast] stock price targets

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

Bajaj Finance deals in Finance (including NBFCs) Bajaj Finance option chain analysis

Date Close Open High Low Volume
27 Thu Jan 6837.00 6823.60 6902.35 6708.10 17.61 lakhs
25 Tue Jan 6963.75 6900.00 6996.00 6752.20 25.26 lakhs
24 Mon Jan 6931.75 7350.00 7350.00 6817.70 25.03 lakhs
21 Fri Jan 7373.75 7402.50 7499.00 7305.85 13.7 lakhs
20 Thu Jan 7530.25 7610.00 7650.00 7401.00 29.1 lakhs
BAJFINANCE chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6682.8, for a target of 7104.3 or 7455.53

  • Daily Price action analysis of BAJFINANCE based on a short 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 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

  • Daily Price action analysis of BAJFINANCE based on a 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.

Intraday technical analysis of Bajaj Finance

Stock is trading at 7007.50 as on 28 Fri Jan 11:35

Day open is at 6961.05, day high is at 7045.60, day low is at 6876.10, and day volume is at 126.4 lakhs so far.

First 15 minute high low range is 6892.25 - 6973.95

First hour high low range is 6876.10 - 7045.60

Date Intraday Price Open High Low Volume
28 Fri Jan 11:35 7007.50 6961.05 7045.60 6876.10 730215
28 Fri Jan 11:30 7011.65 6961.05 7045.60 6876.10 722135
28 Fri Jan 11:25 7013.85 6961.05 7045.60 6876.10 714730
28 Fri Jan 11:20 7023.35 6961.05 7045.60 6876.10 702312
28 Fri Jan 11:15 7030.60 6961.05 7045.60 6876.10 617664
Intraday BAJFINANCE chart

Prices of Bajaj Finance are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Bajaj Finance (BAJFINANCE) intraday stock price targets

  • EntEntry: 6933.1 or 6837.45
  • Upside target: 6973.95
  • Downside target : 6810.55
  • Second Upside target: 6966.8
  • Second Downside target : 6772.55

Bajaj Finance (BAJFINANCE) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 6837.00 7350.00 6708.10
7350.00
67.895 lakhs
21 Fri Jan 7373.75 7819.50 7305.85
8045.00
110.909 lakhs
14 Fri Jan 7832.20 7686.00 7571.00
7869.00
43.214 lakhs
07 Fri Jan 7659.35 6975.00 6975.00
7785.00
75.141 lakhs
31 Fri Dec 6977.30 6751.00 6654.05
6999.00
37.361 lakhs
weekly BAJFINANCE chart

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

Weekly Price action analysis of Bajaj Finance 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.

Weekly Price action analysis of Bajaj Finance 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.

Bajaj Finance (BAJFINANCE) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 6837.00 6975.00 6708.10
8045.00
297.16 lakhs
31 Fri Dec 6977.30 7032.20 6492.60
7477.00
266.651 lakhs
30 Tue Nov 6997.25 7430.00 6678.30
7754.40
184.17 lakhs
29 Fri Oct 7400.20 7620.00 7313.05
8050.00
242.813 lakhs
30 Thu Sep 7668.10 7525.00 7320.75
7999.00
262.91 lakhs
monthly BAJFINANCE chart

Monthly forecast of Bajaj Finance is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Bajaj Finance 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

Monthly Price action analysis of Bajaj Finance 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 Finance Daily stock price targets

  • Upside daily target: 7935.53
  • Upside daily target: 7495.56
  • Upside daily target: 7101.78
  • Downside daily target: 6608.58

Bajaj Finance Weekly stock price targets

  • Upside weekly target: 8127.18
  • Upside weekly target: 7725.3
  • Upside weekly target: 7331.7
  • Upside weekly target: 6970.23
  • Downside weekly target: 6543.05

Bajaj Finance Monthly stock price targets

  • Upside monthly target: 8332.55
  • Upside monthly target: 7746.71
  • Upside monthly target: 7375.83
  • Upside monthly target: 6988.15
  • Downside monthly target: 6610.05
  • Downside monthly target: 6242.75
  • Downside monthly target: 5820.63
  • Downside monthly target: 5447.48
  • Downside monthly target: 4906.95

Bajaj Finance (BAJFINANCE) indicators technical analysis

Price action analysis of Bajaj Finance (BAJFINANCE) based on a short 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 Finance stock for short term is SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls 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 Finance in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7354.43 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 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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