BAJAJ-AUTO - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.5

📈 Moderate bullish setup with improving volume and MACD crossover, but RSI remains weak.

💡 Optimal Buy Price: ₹8,740

🎯 Profit Target: ₹8,820 | Stop Loss: ₹8,710

⏱️ If already holding, consider exiting near ₹8,820 or if price dips below ₹8,710 with rising volume.

📈 Positive

• 📊 MACD at 0.93 indicates a fresh bullish crossover
• 📈 Volume of 5.38L is well above 1-week average (3.00L)
• 📍 Price is above 200-DMA (₹8,693), showing long-term strength
• 💰 ROCE of 37.6% and ROE of 28.5% reflect strong operational efficiency
• 📉 Low debt with debt-to-equity ratio of 0.03

⚠️ Limitation

• 💤 RSI at 38.6 indicates weak momentum and cautious sentiment
• 📉 Price is below 50-DMA (₹8,881), suggesting short-term resistance
• 📉 Slight decline in FII holding (-0.64%)
• 📉 High price relative to book value (₹1,151)

🚫 Company Negative News

• 📉 No major negative headlines, but RSI and FII trends suggest cautious outlook

✅ Company Positive News

• 📈 DII holding increased by 0.77%, showing domestic institutional confidence
• 📊 PAT improved slightly from ₹2,049 Cr. to ₹2,096 Cr. (+5.41%)

🏍️ Industry

• 🚗 Operates in the automobile sector
• 📊 Trades at a P/E of 28.9 vs. Industry PE of 39.3, indicating relative undervaluation

🧾 Conclusion

• BAJAJ-AUTO offers a moderate intraday opportunity with improving volume and MACD support
• Best suited for momentum-based scalping with tight stop-loss
• Watch for RSI crossing 45 and price breaching 50-DMA for stronger confirmation

I can also chart BAJAJ-AUTO’s intraday support/resistance zones or compare it with other auto stocks for trade alignment.