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Stock analysis Bajaj Auto Limited BAJAJ-AUTO

More indepth analysis on MunafaSutra.com

Moving Averages for Bajaj Auto Limited

  • 5Day Average: 9535.2
  • 12Day Average: 9721.6
  • 20Day Average: 9888.1
  • 50Day Average: 10979.98
  • 100Day Average: 10441.13
  • 150Day Average: 10032.62
  • 200Day Average: 9658.45

BAJAJ-AUTO Indicators & signals

Indicator MACD (12,26,9)

9744.08, 10129.83, -395.65
Indicator MACD is in negative zone

Indicator ADX (14)

36.25, 14.66, 31.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of BAJAJ-AUTO Bajaj Auto Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 9545.70 9500.45 to 9698.60 0.31% 0.71 times
18 Mon Nov 2024 9516.50 9435.85 to 9603.00 0.35% 0.57 times
14 Thu Nov 2024 9482.95 9400.00 to 9516.95 0.33% 0.54 times
13 Wed Nov 2024 9452.15 9416.10 to 9710.00 -2.34% 0.96 times
12 Tue Nov 2024 9678.70 9662.00 to 9999.00 -2.43% 0.62 times
11 Mon Nov 2024 9919.35 9800.00 to 10032.90 0.09% 0.7 times
08 Fri Nov 2024 9910.40 9777.25 to 9991.05 0.55% 0.53 times
07 Thu Nov 2024 9856.65 9789.95 to 10079.80 -1.64% 0.92 times
06 Wed Nov 2024 10020.50 9848.80 to 10054.00 1.47% 1 times
05 Tue Nov 2024 9874.85 9500.20 to 10007.30 3.67% 1.98 times
04 Mon Nov 2024 9525.55 9365.00 to 9896.50 -3.55% 2.19 times
01 Fri Nov 2024 9875.95 9838.80 to 9950.00 0.4% 0.1 times

Technical analysis forecast for Bajaj Auto Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bajaj Auto Limited BAJAJ-AUTO at this time. Stock is falling and might fall more.

It appears as if Bajaj Auto Limited BAJAJ-AUTO gave a large move recently.

Stock of Bajaj Auto Limited (BAJAJ-AUTO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bajaj Auto Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bajaj Auto Limited stays below 9674.9, but if it comes above 9674.9, then a intra day buy could be more profitable.
If you take a sell trade below 9674.9, then use 9674.9 as stoploss and 9313 as target. However if you take a buy trade in Bajaj Auto Limited, then use 9674.9 as stoploss and 9976.45 as target.

More indepth analysis on MunafaSutra.com