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Technicals for Bajaj Auto Limited
By MusingTheNews
2025-12-11 20:24
Overall Technical outlook
Price Summary
On 2025-12-11, Bajaj Auto Limited's stock started at 8991.0, soared to 9084.0, dropped to 8961.0, and finished the day 0.7% higher at 9053.5, with a trading volume of 136137 shares. During the past 52 weeks, the highest stock price was 9433.5, and the lowest was 7306.8. The expected price range is between 8000.0 and 12584.0, with a mean anticipated price of 9606.425, according to 40 analysts.
Technicals
Support and Resistance: The price for BAJAJ-AUTO at 9053.5 is supported by the 9025.0 level and faces resistance at 9025.0. This range indicates key levels where the price may find buyers near 9025.0 and sellers near 9025.0, defining a trading range. Support/Resistance for BAJAJ-AUTO
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Bajaj Auto Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Bajaj Auto Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for BAJAJ-AUTO. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Bajaj Auto Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Bajaj Auto 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 Auto 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 Auto Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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