BAJAJ-AUTO - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.1

📈 Bajaj Auto is currently trending upward with bullish MACD and price action above key moving averages. RSI and volume suggest moderate momentum, making it attractive for short-term entries on pullbacks.

📊 Technical Analysis Summary

• Trend Status: Trending upward
• RSI (45.1): Neutral zone — room for upside
• MACD (30.7): Bullish crossover — confirms upward momentum
• Volume: Slightly below 1-week average — moderate conviction
• DMA 50 & 200: Price above both — confirms bullish structure
• Bollinger Bands: Price near mid-band — balanced momentum

Sources: ETMarkets Liveblog

Indiatimes

+4

🎯 Entry & Exit Zones

• Support Levels: ₹8,690, ₹8,550, ₹8,400
• Resistance Levels: ₹9,000, ₹9,250, ₹9,500
• Optimal Entry: ₹8,800–₹8,900 (on minor pullback)
• Exit Target: ₹9,250–₹9,500 (short-term resistance)

✅ Positive

• Strong ROCE (37.6%) and ROE (28.5%) — excellent capital efficiency
• EPS of ₹296 — robust earnings profile
• Low debt-to-equity ratio (0.03) — financial stability
• Dividend yield of 2.35% — attractive for income investors

⚠️ Limitation

• RSI below 50 — momentum not fully confirmed
• Volume slightly below average — moderate conviction
• FII holding declined by 0.64% — sentiment softening
• PEG ratio (1.52) — fair valuation, not cheap

📉 Company Negative News

• FII outflows may indicate cautious institutional stance
• Stock trading below recent high of ₹10,190 — resistance ahead

📈 Company Positive News

• Quarterly PAT improved to ₹2,096 Cr — consistent growth
• Stock returned 10.54% over last 3 months

  Indiatimes

🏭 Industry

• Sector: Automotive (Two-Wheelers)
• Industry P/E: 39.7 vs Bajaj Auto’s P/E: 29.4 — undervalued
• Sector outlook supported by festive demand and export growth

🧾 Conclusion

• Bajaj Auto is in a bullish trend with moderate momentum
• Entry near ₹8,800–₹8,900 with targets at ₹9,250–₹9,500
• Monitor RSI and volume for breakout confirmation
• Long-term outlook remains strong with solid fundamentals and sector tailwinds