BAJFINANCE - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

📈 BAJFINANCE is currently trending upward with bullish MACD and price action above key moving averages. RSI and volume suggest moderate momentum, making it attractive for short-term entries on dips.

📊 Technical Analysis Summary

• Trend Status: Trending upward
• RSI (51.7): Neutral zone — balanced momentum
• MACD (20.2): Bullish crossover — confirms upward momentum
• Volume: Below 1-week average — moderate conviction
• DMA 50 & 200: Price above both — confirms bullish structure
• Bollinger Bands: Price near mid-band — room for upside

🎯 Entry & Exit Zones

• Support Levels: ₹1,008, ₹980, ₹950
• Resistance Levels: ₹1,060, ₹1,090, ₹1,102
• Optimal Entry: ₹1,010–₹1,025 (on minor pullback)
• Exit Target: ₹1,090–₹1,102 (short-term resistance)

✅ Positive

• Strong ROE (18.5%) and ROCE (11.5%) — solid efficiency metrics
• EPS of ₹28.0 — consistent earnings base
• Price above 50 DMA and 200 DMA — confirms bullish structure
• Quarterly PAT growth of 21.5% — strong earnings momentum

⚠️ Limitation

• Volume below average — moderate buying interest
• High debt-to-equity ratio (3.13) — leverage risk
• Low dividend yield (0.42%)
• Valuation above industry average — P/E of 42 vs industry P/E of 22.3

📉 Company Negative News

• DII holding declined by 0.13% — slight sentiment softening
• Valuation concerns due to high P/E

📈 Company Positive News

• FII holding increased by 0.26% — institutional confidence
• Strong quarterly profit growth and price recovery from ₹645 to ₹1,040

🏭 Industry

• Sector: NBFC / Financial Services
• Industry P/E: 22.3 vs BAJFINANCE’s P/E: 42.0 — relatively overvalued
• Sector outlook supported by credit growth and digital lending expansion

🧾 Conclusion

• BAJFINANCE is in a bullish trend with moderate momentum
• Entry near ₹1,010–₹1,025 with targets at ₹1,090–₹1,102
• Monitor volume and RSI for breakout confirmation
• Long-term outlook remains strong with solid fundamentals and sector tailwinds