Bajaj Auto Limited
Long

BAJAJ_AUTO 1D Time frame

38
Current Snapshot

Price is trading around ₹9,080 – ₹9,100.

Stock is moving above both 50-day and 200-day moving averages, showing a steady uptrend.

It is still below its all-time high, so recovery space remains.

⚙️ Indicators / Momentum

RSI: Neutral, neither overbought nor oversold.

MFI (Money Flow Index): Balanced, showing moderate buying pressure.

Momentum: Stable with a slightly bullish bias.

📌 Key Levels

Immediate Resistance: ₹9,300 – ₹9,400.

Immediate Support: ₹8,800 – ₹9,000.

Stronger Support: Near ₹7,500 on longer-term charts.

✅ Outlook

Trend remains mildly bullish as long as price stays above ₹9,000.

Break above ₹9,400 could push price toward new highs.

Fall below ₹8,800 may lead to deeper correction.

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