BAJAJHFL - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 2.4

BAJAJHFL shows signs of weakness for intraday trading today. Here's a breakdown of why it’s rated low and how to approach it if you're already holding or considering a trade

📉 Technical & Momentum Overview

RSI (28.0): Deeply oversold, but not yet showing reversal strength.

MACD (-1.96): Bearish, confirming downward momentum.

Volume (41.2L vs Avg 47.3L): Slightly below average, indicating reduced participation.

Price vs DMA: Trading below both 50-DMA (120 ₹) and 200-DMA (127 ₹) — bearish territory.

📈 Intraday Strategy

If considering a fresh position

Optimal Buy Zone: Only if price stabilizes near 110–112 ₹ with volume spike and RSI uptick.

Profit Targets

Target 1: 115 ₹ (minor resistance)

Target 2: 118 ₹ (near 5-DMA)

Stop-Loss: 109 ₹ (below recent support)

If already holding intraday

Exit on Weakness: If price breaks 110 ₹ with rising volume and MACD divergence.

Exit on Strength: If price nears 115–116 ₹ but RSI fails to cross 35 — indicating limited upside.

⚠️ Risk Factors

High Debt-to-Equity (4.11): Financial leverage adds risk.

Low ROCE (9.55%): Weak capital efficiency.

RSI & MACD: Both signaling bearish momentum.

52w Index (11.6%): Near yearly lows — sentiment is weak.

Would you like to explore a better intraday candidate or see how BAJAJHFL stacks up for swing trading? I can help you scan for stronger setups.

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