BAJAJ-AUTO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.3
| Stock Code | BAJAJ-AUTO | Market Cap | 2,69,378 Cr. | Current Price | 9,635 ₹ | High / Low | 9,941 ₹ |
| Stock P/E | 29.4 | Book Value | 1,100 ₹ | Dividend Yield | 2.18 % | ROCE | 37.6 % |
| ROE | 28.5 % | Face Value | 10.0 ₹ | DMA 50 | 9,314 ₹ | DMA 200 | 8,947 ₹ |
| Chg in FII Hold | -0.82 % | Chg in DII Hold | 1.29 % | PAT Qtr | 2,549 Cr. | PAT Prev Qtr | 2,480 Cr. |
| RSI | 59.8 | MACD | 75.6 | Volume | 2,04,631 | Avg Vol 1Wk | 3,93,071 |
| Low price | 7,088 ₹ | High price | 9,941 ₹ | PEG Ratio | 1.51 | Debt to equity | 0.00 |
| 52w Index | 89.3 % | Qtr Profit Var | 20.9 % | EPS | 327 ₹ | Industry PE | 30.0 |
📊 Analysis: BAJAJ-AUTO shows strong intraday potential. Current price (₹9,635) is trading above both 50 DMA (₹9,314) and 200 DMA (₹8,947), indicating bullish bias. RSI at 59.8 suggests healthy momentum without being overbought. MACD (75.6) is strongly positive, confirming upward momentum. Volume (2,04,631) is lower than average weekly volume (3,93,071), which may limit sharp moves, but fundamentals remain robust.
💹 Optimal Buy Price: ₹9,600 – ₹9,650 (near support zone).
🎯 Profit-Taking Levels: ₹9,750 – ₹9,900 (short-term resistance).
🛡️ Stop-Loss: ₹9,550 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹9,600 with weakening momentum or if RSI dips below 55 intraday. If volume strengthens with price action, partial profit booking near ₹9,850 is advisable.
Positive
- Strong ROCE (37.6%) and ROE (28.5%) highlight excellent capital efficiency.
- Debt-free company ensures financial stability.
- Dividend yield of 2.18% provides attractive passive returns.
- Quarterly PAT growth (₹2,549 Cr vs ₹2,480 Cr), up 20.9%, shows earnings strength.
- EPS of ₹327 supports strong profitability.
Limitation
- Stock P/E (29.4) is slightly above industry average (30.0), making valuation expensive.
- Volume lower than average, reducing breakout potential.
- High price near 52-week high (₹9,941) may limit upside momentum.
Company Negative News
- FII holdings declined (-0.82%), showing reduced foreign investor confidence.
Company Positive News
- DII holdings increased (+1.29%), reflecting strong domestic institutional support.
- Quarterly profit growth strengthens fundamentals.
Industry
- Industry P/E at 30.0 indicates sector stability, with BAJAJ-AUTO trading in line.
- Automobile sector remains strong with demand recovery, supporting intraday opportunities.
Conclusion
⚖️ BAJAJ-AUTO is a good candidate for intraday trading today. Strong fundamentals, bullish technicals, and institutional support favor upward momentum. Best strategy is entry near ₹9,620 with tight stop-loss and profit booking around ₹9,850.