BAJAJ-AUTO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | BAJAJ-AUTO | Market Cap | 2,47,976 Cr. | Current Price | 8,868 ₹ | High / Low | 10,187 ₹ |
| Stock P/E | 27.0 | Book Value | 1,100 ₹ | Dividend Yield | 2.37 % | ROCE | 37.6 % |
| ROE | 28.5 % | Face Value | 10.0 ₹ | DMA 50 | 9,473 ₹ | DMA 200 | 9,118 ₹ |
| Chg in FII Hold | -0.82 % | Chg in DII Hold | 1.29 % | PAT Qtr | 2,549 Cr. | PAT Prev Qtr | 2,480 Cr. |
| RSI | 36.7 | MACD | -173 | Volume | 2,96,536 | Avg Vol 1Wk | 3,69,691 |
| Low price | 7,088 ₹ | High price | 10,187 ₹ | PEG Ratio | 1.39 | Debt to equity | 0.00 |
| 52w Index | 57.4 % | Qtr Profit Var | 20.9 % | EPS | 327 ₹ | Industry PE | 27.7 |
📊 Analysis: BAJAJ-AUTO trades at ₹8,868, below both 50 DMA (₹9,473) and 200 DMA (₹9,118), showing weak short-term momentum. RSI at 36.7 indicates oversold conditions, but MACD (-173) remains strongly negative, confirming bearish sentiment. Intraday volume (2,96,536) is lower than the weekly average (3,69,691), suggesting limited trader participation. The stock is a moderate intraday candidate today, with potential for short-term recovery if volume improves.
💡 Optimal Buy Price: ₹8,800–₹8,850 if price stabilizes with volume support.
🎯 Profit Exit Levels: ₹9,000 (near-term resistance), ₹9,150 (upper resistance zone).
🛡️ Stop-Loss: ₹8,700 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹9,000–₹9,150 if momentum fails to strengthen. If price breaks below ₹8,700 with volume, exit immediately to avoid deeper losses.
Positive
- Strong ROCE (37.6%) and ROE (28.5%) indicate excellent capital efficiency.
- Debt-free company ensures financial stability.
- Dividend yield of 2.37% provides attractive shareholder return.
- Quarterly PAT improved to ₹2,549 Cr. from ₹2,480 Cr., showing earnings growth.
Limitation
- Stock trading below both 50 DMA and 200 DMA, showing weak momentum.
- RSI near oversold levels but no reversal signal yet.
- MACD strongly negative, confirming bearish trend.
- Intraday volume lower than average, limiting trading opportunities.
Company Negative News
- FII holdings decreased (-0.82%), showing reduced foreign investor confidence.
- Stock price has corrected from its 52-week high of ₹10,187 to ₹8,868.
Company Positive News
- DII holdings increased (+1.29%), showing strong domestic institutional support.
- Quarterly profit growth (+20.9%) highlights operational improvement.
- EPS of ₹327 supports valuation strength.
Industry
- Automobile sector remains cyclical but benefits from strong demand recovery.
- Industry PE at 27.7 is close to BAJAJ-AUTO’s PE (27.0), showing fair valuation.
Conclusion
⚠️ BAJAJ-AUTO shows moderate intraday potential today with oversold RSI and strong fundamentals, but weak technical momentum and low volume limit upside. Traders may consider entry around ₹8,800–₹8,850 with profit targets near ₹9,000–₹9,150. Stop-loss at ₹8,700 is essential to manage risk. Long-term investors may find value in its debt-free status, strong ROCE/ROE, and attractive dividend yield, but intraday traders should remain cautious.