BAJAJFINSV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | BAJAJFINSV | Market Cap | 2,86,914 Cr. | Current Price | 1,793 ₹ | High / Low | 2,195 ₹ |
| Stock P/E | 202 | Book Value | 62.6 ₹ | Dividend Yield | 0.06 % | ROCE | 27.4 % |
| ROE | 20.9 % | Face Value | 1.00 ₹ | DMA 50 | 1,946 ₹ | DMA 200 | 1,977 ₹ |
| Chg in FII Hold | -0.05 % | Chg in DII Hold | 0.25 % | PAT Qtr | 0.62 Cr. | PAT Prev Qtr | 1,085 Cr. |
| RSI | 33.7 | MACD | -64.6 | Volume | 15,35,510 | Avg Vol 1Wk | 15,09,865 |
| Low price | 1,726 ₹ | High price | 2,195 ₹ | PEG Ratio | 3.51 | Debt to equity | 0.00 |
| 52w Index | 14.2 % | Qtr Profit Var | -94.2 % | EPS | 8.91 ₹ | Industry PE | 16.9 |
📈 Chart & Trend Analysis: BAJAJFINSV is trading below both its 50 DMA (1,946 ₹) and 200 DMA (1,977 ₹), with the current price at 1,793 ₹. This indicates bearish bias and short-term weakness.
📊 Momentum Indicators: RSI at 33.7 shows weak momentum, nearing oversold territory. MACD at -64.6 confirms bearish crossover, signaling continued short-term weakness.
📉 Bollinger Bands & Volume: Price is near the lower band, suggesting potential support but also weakness. Current volume (15,35,510) is in line with weekly average (15,09,865), showing steady participation but no breakout signals.
🔑 Support & Resistance Zones:
- Support: 1,726 ₹ (recent low), 1,700 ₹ (psychological support)
- Resistance: 1,946 ₹ (50 DMA), 1,977 ₹ (200 DMA), 2,050–2,100 ₹ (trendline resistance)
Optimal Entry: 1,750–1,800 ₹ (near support)
Optimal Exit: 1,950–2,000 ₹ (resistance zone)
📌 Trend Status: The stock is consolidating with bearish bias, showing weak momentum and trading below key moving averages.
Positive
- Strong ROCE (27.4%) and ROE (20.9%) indicate efficient capital use.
- Debt-free balance sheet (Debt-to-equity 0.00) ensures financial stability.
- DII holding increased (+0.25%), reflecting domestic institutional support.
Limitation
- Extremely high P/E (202) compared to industry average (16.9), suggesting stretched valuation.
- PEG ratio of 3.51 indicates expensive growth relative to earnings.
- Weak RSI and negative MACD show lack of momentum.
- Stock trading below both 50 DMA and 200 DMA, reflecting short-term weakness.
Company Negative News
- Quarterly PAT collapsed to 0.62 Cr. from 1,085 Cr., showing severe earnings pressure (-94.2%).
- FII holding decreased (-0.05%), showing reduced foreign investor confidence.
Company Positive News
- DII holding increased (+0.25%), reflecting domestic institutional support.
- EPS of 8.91 ₹ supports valuation strength despite weak quarterly results.
Industry
- Industry PE at 16.9 is far lower than BAJAJFINSV’s PE (202), suggesting extreme premium valuation compared to peers.
- Financial services sector outlook remains favorable with rising retail participation and digital expansion, but valuations are sensitive to earnings consistency.
Conclusion
⚖️ BAJAJFINSV is consolidating with bearish bias, trading below key moving averages with weak momentum signals. Fundamentals show strong ROE/ROCE and debt-free stability, but extremely high valuation and sharp profit decline limit upside. Traders may consider entry near 1,750–1,800 ₹ with exits around 1,950–2,000 ₹, but caution is advised as momentum remains weak and earnings volatility is high.
Would you like me to extend this into a peer benchmarking overlay comparing BAJAJFINSV against other diversified financial services stocks (valuation, ROE/ROCE, momentum) so you can see relative strength before deciding entry?