BAJAJHLDNG - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical ListTechnical Rating: 4.2
Here’s a detailed technical analysis of Bajaj Holdings & Investment Ltd (BAJAJHLDNG)
📉 Trend Overview
Current Price: ₹14,062 is above both the 50-DMA (₹13,693) and 200-DMA (₹12,148), indicating strong bullish momentum.
Trend Status: The stock is trending upward, with higher highs and higher lows across short, medium, and long-term timeframes
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📊 Momentum Indicators
RSI (52.9): In the neutral-to-bullish zone, suggesting room for further upside without being overbought
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MACD (42.4): Positive and trending above the signal line, confirming bullish momentum
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Volume: Current volume (48.5K) is below the 1-week average (63.7K), indicating mild caution on participation
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📈 Moving Averages
Indicator Value Signal
50-DMA ₹13,693 Support
200-DMA ₹12,148 Strong Support
Price > DMA Bullish
📌 Bollinger Bands
Price is near the upper band, indicating strong momentum but also a potential short-term pullback.
Bands are expanding, suggesting increased volatility and continuation of trend
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🔍 Support & Resistance Zones
Level Type
₹13,700 Immediate Support (50-DMA)
₹14,873 Major Resistance (52W High)
₹14,250–₹14,500 Intermediate Resistance
₹13,200 Strong Support
🎯 Entry & Exit Zones
Entry Zone: ₹13,700–₹13,900 (on pullback with volume confirmation)
Exit Zone: ₹14,800–₹15,000 (near 52W high and psychological resistance)
⚡ Short-Term Signals
MACD crossover and price above key moving averages signal bullish continuation.
RSI is healthy, not overbought.
Volume needs to pick up for sustained breakout.
🧭 Summary
Technical Rating: 4.2
Trend: Strong uptrend
Momentum: Bullish
Strategy: Buy on dips near ₹13,700–₹13,900 with a target of ₹14,800+. Watch for volume confirmation and RSI staying below 70.
Would you like a visual chart or comparison with Bajaj Finance or Bajaj Auto to round out the group?
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www.topstockresearch.com
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www.indmoney.com
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www.topstockresearch.com
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trendlyne.com
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