BAJAJFINSV - Technical Analysis

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

Technical Rating: 3.8

Here’s a detailed technical analysis of Bajaj Finserv (BAJAJFINSV)

📉 Trend Overview

Current Price: ₹1,973 is below the 50-DMA (₹2,009) but above the 200-DMA (₹1,889), indicating short-term weakness but long-term strength.

Trend Status: The stock is currently consolidating within a broad range of ₹1,889–₹2,135. A breakout above ₹2,009 could reignite bullish momentum.

📊 Momentum Indicators

RSI (40.6): In the neutral zone, leaning bearish. A dip below 35 could signal oversold conditions and a potential bounce.

MACD (-4.00): Negative and diverging from the signal line, confirming bearish momentum.

Volume: Current volume (8.63L) is significantly below the 1-week average (16.35L), suggesting low conviction in recent price action.

📈 Moving Averages

Indicator Value Signal

50-DMA ₹2,009 Resistance

200-DMA ₹1,889 Support

Price < 50-DMA Bearish

Price > 200-DMA Bullish

📌 Bollinger Bands

Price is near the lower band, indicating limited downside and potential for a technical rebound.

Bands are tightening, suggesting low volatility and a possible breakout setup.

🔍 Support & Resistance Zones

Level Type

₹1,889 Strong Support (200-DMA)

₹1,950 Intermediate Support

₹2,009–₹2,035 Resistance Zone (50-DMA cluster)

₹2,135 Major Resistance (52W High)

🎯 Entry & Exit Zones

Entry Zone: ₹1,890–₹1,950 (if RSI dips below 35 and volume spikes)

Exit Zone: ₹2,035–₹2,135 (near resistance and 52W high)

⚡ Short-Term Signals

Bearish crossover in MACD

Weak volume and RSI below 45

No bullish divergence yet

🧭 Summary

Technical Rating: 3.8

Trend: Consolidating with mild bearish undertone

Momentum: Weak but nearing oversold

Strategy: Watch for confirmation near ₹1,890–₹1,950 before entering. Target ₹2,035–₹2,135 for exit. Avoid aggressive buying until RSI improves and MACD flattens.

Want to compare this setup with Bajaj Finance or HDFC Ltd for a broader sector view?

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