Trend Description Bajaj Auto is trading inside a clean horizontal range after topping near ₹9,420. Price has been making lower highs recently, indicating mild short-term weakness. Strong demand is visible around ₹8,580, where buyers consistently hold the support zone. The stock is still above long-term moving averages, so the broader trend remains intact. Support & Resistance Levels Resistance 1: ₹9,422 Resistance 2: ₹9,193 Support 1: ₹8,583 Expected Move A breakout above ₹9,193 can lead to ₹9,420 retest, and further to ₹9,650+. A breakdown below ₹8,583 may drag the stock to ₹8,350 → ₹8,120. Currently consolidating, awaiting either range breakout or breakdown. Short Fundamentals Summary Bajaj Auto remains one of the strongest two-wheeler and three-wheeler manufacturers. Domestic sales are stable, exports recovering slowly. Premium segment growth supports valuation. Final Verdict Neutral but watchlisted for breakout. Strong trade only above ₹9,193. Avoid fresh longs if it closes below ₹8,583.

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