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Technicals for Bajaj Finance Limited
By MusingTheNews
2025-10-17 20:24
Overall Technical outlook
Price Summary
Bajaj Finance Limited's stock opened at 1062.0 on 2025-10-16, surged to a high of 1081.1, hit a low of 1058.85, and closed up 0.35% at 1065.75, with 9901487 shares traded. The highest price the stock achieved in the past 52 weeks is 9607.5, while the lowest price it saw is 853.0. As per recommendations from 32 analysts, BAJFINANCE's future price is expected to span between 640.0 and 1180.0, with a mean price around 1006.875.
Technicals
Support and Resistance: With the current price at 1065.75, support is found at 1009.85 and resistance at 8634.5. These levels indicate where buyers might step in at 1009.85, while sellers could limit gains at 8634.5, defining a trading boundary for Bajaj Finance Limited. Support/Resistance for BAJFINANCE
Aroon: Aroon's bullish trend continues, with Aroon Up remaining at the 100 level. This indicates sustained bullish momentum, but to fully understand the trend's implications, it should be analyzed alongside other indicators. A more comprehensive assessment will provide a clearer picture of the direction. Aroon chart for Bajaj Finance Limited
Bol. Bands: The current price for BAJFINANCE remains above the upper Bollinger Band, having stayed there since its recent upward move. This situation suggests that the asset is in a strong bullish phase, possibly overbought. While this could indicate continued momentum, traders should be cautious as prolonged periods above the band often lead to corrections or reversals, signaling a potential change in trend. Bolinger Bands chart for Bajaj Finance Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Bajaj Finance Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Bajaj Finance Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, pointing to the potential onset of a bearish price move. This setup could indicate that the market's recent gains are starting to reverse, possibly leading to a downturn. Traders should monitor this closely for further bearish signals. Stochastic chart for Bajaj Finance Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Bajaj Finance Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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