Homepage Active Options Active Stocks

Stock analysis Bajel Projects Limited BAJEL

More indepth analysis on MunafaSutra.com

Moving Averages for Bajel Projects Limited

  • 5Day Average: 276.71
  • 12Day Average: 246.87
  • 20Day Average: 235.01
  • 50Day Average: 220.99

BAJEL Indicators & signals

Indicator MACD (12,26,9)

254.09, 235.82, 12.39
Indicator MACD is in positive zone

Indicator ADX (14)

55.02, 40.11, 11.64
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BAJEL Bajel Projects Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 277.55 272.00 to 289.15 -1.63% 0.53 times
25 Thu Apr 2024 282.15 263.80 to 282.15 4.99% 0.21 times
24 Wed Apr 2024 268.75 260.00 to 277.70 -0.63% 0.55 times
23 Tue Apr 2024 270.45 270.45 to 296.00 -4.99% 1.21 times
22 Mon Apr 2024 284.65 265.55 to 284.65 9.99% 1.69 times
19 Fri Apr 2024 258.80 230.00 to 258.80 9.99% 3.05 times
18 Thu Apr 2024 235.30 219.10 to 236.80 9.29% 1.74 times
16 Tue Apr 2024 215.30 209.00 to 223.75 1.8% 0.48 times
15 Mon Apr 2024 211.50 209.00 to 218.70 -4.51% 0.35 times
12 Fri Apr 2024 221.50 216.45 to 231.40 0.66% 0.4 times
10 Wed Apr 2024 220.05 215.05 to 226.20 1.66% 0.33 times
09 Tue Apr 2024 216.45 215.60 to 225.00 -3% 0.26 times

Technical analysis forecast of Bajel Projects Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bajel Projects Limited BAJEL at this time. Stock is rising and might rise more.

It appears as if Bajel Projects Limited BAJEL gave a large move recently.

Stock of Bajel Projects Limited (BAJEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Bajel Projects Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bajel Projects Limited stays above 268.2, but if it comes below 268.2, then a intra day sell could be more profitable.
If you take a sell trade below 268.2, then use 268.2 as stoploss and 241.9 as target. However if you take a buy trade in Bajel Projects Limited, then use 268.2 as stoploss and 299.8 as target.

More indepth analysis on MunafaSutra.com