‹ All Posts
Kundan Motwani

2 hours ago · SEBI Registration INH000019354

Bajaj Auto (BAJAJ-AUTO) — for tomorrow, 5 Oct 2026

BAJAJ-AUTO
Bajaj Auto (BAJAJ-AUTO) — for tomorrow, 5 Oct 2026: I would not blindly buy the dip. The stock closed at ₹10,045, down 7.62%, after the September sales numbers triggered heavy selling. ***** India +1 Price-action plan ₹9,900–10,000: immediate support zone. Above ₹10,220: first sign of recovery; this is roughly the daily pivot. ET Money Above ₹10,540 with volume: much stronger bullish confirmation. Below ₹9,900: avoid longs; downside can extend toward ₹9,725 / ₹9,400. ET Money The interesting part: RSI is around 21.8, so BAJAJ-AUTO is technically very oversold, but oversold doesn't automatically mean a bottom. ET Money My trade bias: 🟡 Wait for confirmation. If it reclaims ₹10,220 after the first 15–30 min, I'd consider a bullish intraday setup; if it stays below ₹10,000, I'd stay away. The fundamental trigger behind the fall was a 12% YoY decline in domestic two-wheeler sales, although exports were strong.

#TrendingSectors#TechnicalViews#Today’sTradingSetup#WatchOutFor
30 likes·29 comments