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Technicals for Bajaj Auto Limited
By MusingTheNews
2025-10-17 20:24
Overall Technical outlook
Price Summary
On 2025-10-16, Bajaj Auto Limited's stock opened at 9030.0, reached 9177.0, hit a low of 9022.0, and rose 1.35% to close at 9151.5, with 334619 shares traded. Over the past 52 weeks, the stock reached a maximum price of 10586.75 and a minimum price of 7306.8. The anticipated price is forecasted to be between 7900.0 and 12584.0, with an average price expectation of 9347.897, based on input from 39 analysts.
Technicals
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Bajaj Auto Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BAJAJ-AUTO, with no strong trend emerging. Bolinger Bands chart for Bajaj Auto Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Bajaj Auto Limited
Stochastic: With the K-line above both the D-line and the 80 mark, the stochastic indicator signals a bullish trend. This configuration suggests that the market is experiencing strong upward momentum, likely leading to further gains. Investors may see this as a favorable condition for potential growth. Stochastic chart for Bajaj Auto Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for BAJAJ-AUTO. Tripple SMA chart for Bajaj Auto Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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