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Stock analysis Bajaj Finance Limited BAJFINANCE

More indepth analysis on MunafaSutra.com

Moving Averages for Bajaj Finance Limited

  • 5Day Average: 6583.32
  • 12Day Average: 6766.64
  • 20Day Average: 6830.15
  • 50Day Average: 7151.38
  • 100Day Average: 7017.09
  • 150Day Average: 6998.26
  • 200Day Average: 6938.12

BAJFINANCE Indicators & signals

Indicator MACD (12,26,9)

6726, 6869.16, -119.65
Indicator MACD is in negative zone

Indicator ADX (14)

58.15, 7.47, 28.21
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BAJFINANCE Bajaj Finance Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 6595.30 6561.00 to 6644.80 0.42% 1.1 times
18 Mon Nov 2024 6567.95 6555.00 to 6657.00 0.29% 0.81 times
14 Thu Nov 2024 6549.15 6530.00 to 6639.45 -0.26% 0.72 times
13 Wed Nov 2024 6566.00 6526.60 to 6702.25 -1.09% 1.18 times
12 Tue Nov 2024 6638.20 6615.00 to 6836.85 -2.07% 1.44 times
11 Mon Nov 2024 6778.80 6752.15 to 6904.20 -1.7% 1.04 times
08 Fri Nov 2024 6895.95 6841.00 to 6951.55 -0.12% 0.58 times
07 Thu Nov 2024 6904.50 6870.00 to 7038.95 -1.45% 0.63 times
06 Wed Nov 2024 7006.20 6892.30 to 7024.10 1.09% 0.95 times
05 Tue Nov 2024 6930.35 6712.00 to 7014.95 1.27% 1.67 times
04 Mon Nov 2024 6843.70 6752.90 to 6975.00 -1.15% 0.98 times
01 Fri Nov 2024 6923.60 6902.00 to 6944.55 0.49% 0.06 times

Technical analysis forecast for Bajaj Finance Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bajaj Finance Limited BAJFINANCE at this time. Stock is falling and might fall more.

It appears as if Bajaj Finance Limited BAJFINANCE gave a large move recently.

Stock of Bajaj Finance Limited (BAJFINANCE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bajaj Finance Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bajaj Finance Limited stays below 6652.8, but if it comes above 6652.8, then a intra day buy could be more profitable.
If you take a sell trade below 6652.8, then use 6652.8 as stoploss and 6456.4 as target. However if you take a buy trade in Bajaj Finance Limited, then use 6652.8 as stoploss and 6816.54 as target.

More indepth analysis on MunafaSutra.com