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Technicals for Bajaj Finance Limited
By MusingTheNews
2025-06-13 20:24
Overall Technical outlook
Price Summary
On 2025-06-12, BAJFINANCE's stock began at 9449.0, peaked at 9533.0, dipped to 9355.0, and closed up -0.85% at 9368.5, with a volume of 1238472 shares. The peak price for the stock in the past 52 weeks is 9607.5, with the lowest price being 6458.5. 34 analysts suggest that BAJFINANCE's future price will lie between 6290.0 and 11025.0, with an average expected price of roughly 9320.383.
Technicals
Support and Resistance: The current price of 9368.5 for BAJFINANCE finds support at 9067.25 and resistance at 9607.5. These levels define a range in which the price might oscillate, with 9067.25 as a potential support and 9607.5 as a resistance level. Support/Resistance for BAJFINANCE
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Bajaj Finance Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for BAJFINANCE, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Bajaj Finance Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Bajaj Finance Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for BAJFINANCE. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Bajaj Finance 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 Finance 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 Finance Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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