BAJFINANCE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.6

Here’s a detailed technical breakdown of BAJFINANCE as of mid-September 2025

📊 Trend Overview

Current Trend: Bullish

Status: The stock is trending upward, nearing its 52-week high with strong momentum indicators and price action above key moving averages.

📈 Moving Averages

DMA 50: ₹927

DMA 200: ₹867

Current Price: ₹998

🔹 Price is above both 50-DMA and 200-DMA, confirming a strong uptrend. The 50-DMA is acting as a dynamic support level.

📉 Momentum Indicators

RSI (14-day): 70.1 — At the edge of overbought territory, signaling strong momentum but caution for short-term traders.

MACD: +28.8 — Bullish crossover, indicating continued upward momentum.

Volume: 1.02 crore vs 1-week avg of 95.8 lakh — Slightly above average, confirming active participation.

📊 Bollinger Bands

Price is near the upper band, suggesting bullish momentum but also potential short-term volatility or pullback.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 970 Minor support, recent consolidation zone

Support 2 927 50-DMA, strong technical support

Resistance 1 1,026 52-week high, immediate resistance

Resistance 2 1,075 Psychological level

Resistance 3 1,150 Medium-term breakout target

🎯 Entry & Exit Zones

Optimal Entry: ₹970–₹985 range on pullback with volume confirmation.

Exit Zone: ₹1,025–₹1,075 for short-term traders; ₹1,150+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD bullish, RSI strong, and price above key averages suggest continued momentum.

RSI near 70 may lead to short-term consolidation or minor correction before resuming trend.

🧭 Summary

Trend: Bullish with breakout potential

Momentum: Strong; MACD and price action support upside

Technical Rating: 4.6 — High conviction setup with short-term caution due to RSI

Sources: [1†source], [2†source], [3†source]

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