BAJAJHLDNG - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.6

📊 Chart Patterns & Trend: BAJAJHLDNG is in a corrective phase after falling from its 52-week high of 14,873 ₹. The current price (11,134 ₹) is below both 50 DMA (11,793 ₹) and 200 DMA (12,256 ₹), indicating bearish sentiment. The stock is consolidating near support levels with weak momentum signals.

📈 Moving Averages:

- Price below both 50 DMA and 200 DMA confirms bearish undertone.

- Sustained weakness suggests resistance near 11,800–12,250 ₹.

- A breakout above 11,800 ₹ is needed to regain strength.

📉 RSI: At 38.0, RSI is weak, close to oversold territory, indicating limited buying strength.

📉 MACD: Strongly negative (-282), confirming bearish crossover and downward momentum.

📊 Bollinger Bands: Price is near the lower band, suggesting oversold conditions and possible short-term support.

📊 Volume Trends: Current volume (30,814) is below the 1-week average (44,992), showing reduced participation and lack of strong buying interest.

🎯 Entry Zone: 11,000–11,100 ₹ (near support).

🎯 Exit Zone: 11,750–12,000 ₹ (near resistance trendline and DMA levels).

⚡ Support Levels: 11,000 ₹ and 10,245 ₹.

⚡ Resistance Levels: 11,800 ₹ and 12,250 ₹.

Positive

• Quarterly PAT surged to 2,181 Cr. from 236 Cr., showing strong earnings recovery.
• EPS of 395 ₹ supports long-term valuation strength.
• Debt-free balance sheet ensures financial stability.
• Dividend yield of 0.83% provides income return.

Limitation

• High P/E (47.8) compared to industry average (18.7), suggesting overvaluation.
• Weak ROE (6.64%) and ROCE (7.24%) indicate modest efficiency.
• PEG ratio (-5.95) highlights poor growth-to-valuation alignment.
• Stock trading below both 50 DMA and 200 DMA reflects bearish trend.

Company Negative News

• MACD strongly negative, confirming bearish momentum.
• DII holdings decreased (-0.14%), showing reduced domestic investor interest.
• Stock has corrected sharply from its 52-week high of 14,873 ₹.

Company Positive News

• Quarterly PAT growth of 107% reflects strong profitability recovery.
• FII holdings increased slightly (+0.02%), showing marginal foreign investor confidence.
• Debt-free structure adds resilience to financials.

Industry

• Industry P/E at 18.7, far lower than BAJAJHLDNG’s 47.8, highlighting premium valuation.
• Holding company sector outlook remains dependent on performance of group businesses.

Conclusion

⚖️ BAJAJHLDNG is consolidating with weak RSI and strongly negative MACD, showing short-term weakness. Traders may consider entry around 11,000–11,100 ₹ with exits near 11,750–12,000 ₹. The stock is in a corrective phase, awaiting breakout above 11,800 ₹ for trend reversal.