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Technicals for Bajaj Auto Limited
By MusingTheNews
2025-07-16 20:24
Overall Technical outlook
Price Summary
Bajaj Auto Limited's stock soared 2.25% today, marking a outstanding performance in the market. Bajaj Auto Limited's stock opened at 8128.0 on 2025-07-15, surged to 8326.0, dropped to 8090.0, and ended 2.25% up at 8311.0, with 366525 shares traded. For the 52-week period, the stock's highest price is 12666.4, and the lowest price is 7306.8. According to 39 analysts, the price of BAJAJ-AUTO in the future is projected to be between 7250.0 and 12584.0, with an average expected price of 9269.667.
Technicals
Support and Resistance: At 8311.0, the price is supported by 8125.55 and resisted by 8384.6. This indicates that the price for Bajaj Auto Limited might fluctuate between these levels, with 8125.55 acting as a support and 8384.6 limiting further upward movement. Support/Resistance for BAJAJ-AUTO
Aroon: The AROON is currently in a neutral position for Bajaj Auto Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Bajaj Auto Limited
Bol. Bands: The latest price movement has seen a crossover above the lower Bollinger Band, following a period where the price was below it. This shift suggests a potential recovery from oversold conditions, with the market possibly starting to turn around. The upward crossover could indicate that the bearish momentum is weakening, and a reversal or pause in the downtrend might be forthcoming. Bolinger Bands chart for Bajaj Auto Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Bajaj Auto Limited. Parabolic Stop and Reverse chart for Bajaj Auto Limited
Stochastic: The STOCHASTIC is in a neutral stance for BAJAJ-AUTO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Bajaj Auto Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Bajaj Auto Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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