BAJAJ HFL

The daily chart of Bajaj Housing Finance Ltd. (NSE) shows the stock in a prolonged downtrend from its highs near ₹170, but it has been consistently respecting a rising trendline support since early 2025, currently holding around the ₹110–112 zone. Price action suggests that sellers are losing momentum near this support, as every retest is being defended, forming a higher-low structure. This indicates the possibility of an accumulation phase or a base formation, though the stock still lacks strong bullish confirmation. A sustained move above ₹120 with volume could trigger a short-term trend reversal, while a breakdown below the trendline (~₹108) may extend weakness towards ₹100–95 levels. Overall, the trendline support is the key level to watch for the next decisive move