Bajaj Auto – Technical Analysis, Short Analysis

is showing short-term weakness after a sharp correction from its recent peak near ₹12,200. The stock closed at ₹10383, down 0.97% in the latest session. The chart shows a steep fall followed by a recovery attempt but the price is still below the recent swing highs. Weak momentum suggests that the recovery needs confirmation. Support & Resistance: Immediate support lies around ₹10250–10000, followed by ₹9800. On the upside, ₹10550–10700 is the first resistance zone, followed by ₹10900–11000. A sustained move above ₹10700 could improve the short-term chart structure. Short-Term Buyers & Holders View: Short-term buyers can wait for a sustained breakout above ₹107h00 with strong volume before considering fresh entry. The stock remains volatile after its recent decline. Holders should monitor the ₹10,000 support zone; a breakdown below it may lead to further weakness.