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Technicals for Bajaj Finance Limited
By MusingTheNews
2025-04-25 20:24
Overall Technical outlook
Price Summary
The stock of BAJFINANCE declined -2.13% today, reflecting a poor market performance. On 2025-04-25, Bajaj Finance Limited's shares started at 9310.5, peaked at 9344.5, bottomed out at 8990.0, and ended -2.13% lower at 9112.0, with 1088477 shares traded. In the last 52 weeks, the stock's top price was 9323.0 and the bottom price was 6458.5. Future price predictions suggest a range between 6290.0 and 11000.0, with an average expected price of 9045.516, as per 33 analysts.
Technicals
Support and Resistance: The price currently sits at 9112.0, finding support at 9067.25 and resistance at 9067.25. These levels define a range for Bajaj Finance Limited where the price may move, with 9067.25 offering a base and 9067.25 limiting upward momentum. Support/Resistance for BAJFINANCE
Aroon: The AROON 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. Aroon chart for Bajaj Finance Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for BAJFINANCE, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Bajaj Finance Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for BAJFINANCE. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Bajaj Finance Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Bajaj Finance Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for Bajaj Finance Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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