Is Bajaj Electrical technically bullish or bearish?
As of June 26, 2025, Bajaj Electrical's technical trend has shifted to mildly bearish, supported by daily moving averages and monthly MACD indicators, despite some weekly bullish signals.
As of 26 June 2025, the technical trend for Bajaj Electrical has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the monthly MACD showing a bearish trend. Although the weekly MACD and KST are mildly bullish, the overall monthly indicators, including Bollinger Bands and moving averages, suggest weakness. The stock has underperformed significantly over the year and three years compared to the Sensex, reinforcing the bearish outlook.
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