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DEEPAK PAL

18th Feb · SEBI-Registered Analyst

“वित्तीय मजबूती, सतत विकास — भरोसे के साथ आगे बढ़ता Bajaj Finserv.”

Technical Rationale: The stock has maintained a broadly positive trend structure over the medium term, supported by sustained higher-high and higher-low formations on the daily and weekly timeframes. Momentum indicators have generally stayed in bullish territory during recent months, reflecting persistent buying interest. Periodic consolidations have been shallow, indicating accumulation rather than distribution. However, after the recent sharp upswing, oscillators tend to move toward neutral zones, which typically signals either a time-wise consolidation or a limited pullback before the next directional move. As long as the stock sustains above its key medium-term moving averages, the overall bias remains constructive, while a decisive breakdown below recent swing supports could open the door for a deeper corrective phase.

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Reason Behind Recent Bullish Move & Sustainability: The recent upward momentum has been largely supported by structural growth expectations in lending and insurance along with improving sentiment toward the NBFC space. Strategic corporate developments and steady operational performance have also helped sustain investor confidence. While the long-term trend remains positive, the pace of the rally suggests the possibility of intermittent consolidation phases. Continuation of the uptrend would depend on earnings growth visibility and sector liquidity conditions, whereas any disappointment in growth or broader market risk-off sentiment could trigger profit-booking.
BAJAJFINSV
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Positive Factors: The diversified revenue mix across lending and insurance reduces cyclicality risk and supports earnings resilience. Strong brand equity and cross-selling capabilities enhance customer lifetime value, while digital initiatives improve operating efficiency and scalability. Strategic ownership consolidation in insurance strengthens long-term profitability potential.

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Daily Technical Chart Analysis of BAJAJFINSV on 18022026.pdf
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