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Technicals for Bajaj Holdings & Investment Limited
By MusingTheNews
2025-04-25 20:24
Overall Technical outlook
Price Summary
In today's trading session, BAJAJHLDNG's shares fell by -2.24%, marking a mediocre day. On 2025-04-25, Bajaj Holdings & Investment Limited's shares started at 12478.0, peaked at 12585.0, bottomed out at 11868.0, and ended -2.24% lower at 12198.0, with 57422 shares traded. The stock's peak price over the last 52 weeks is 12630.8, with the lowest being 7793.9.
Technicals
Support and Resistance: The current price of 12198.0 for BAJAJHLDNG finds support at 12142.65 and resistance at 12630.8. These levels define a range in which the price might oscillate, with 12142.65 as a potential support and 12630.8 as a resistance level. Support/Resistance for BAJAJHLDNG
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Bajaj Holdings & Investment Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Bajaj Holdings & Investment Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for BAJAJHLDNG. Parabolic Stop and Reverse chart for Bajaj Holdings & Investment Limited
Stochastic: The stochastic indicator is in a bullish position, with the K-line above both the D-line and the 80 level. This configuration suggests strong upward momentum, indicating that the market may continue its positive trend. Traders might view this as a sign of ongoing strength in the market. Stochastic chart for Bajaj Holdings & Investment Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Bajaj Holdings & Investment Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Bajaj Holdings & Investment Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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