Bajaj Finance – Technical Analysis, Support and Resistance

The stock

is showing a short-term bearish trend on the daily chart after falling from the ₹1175–1180 zone. The stock has been forming lower highs and recently declined toward ₹950–960. The latest candle shows a recovery but a single positive session is not enough to confirm a trend reversal. The price remains below key moving averages indicating that selling pressure is still present. Support & Resistance: Immediate support is around ₹945–950 followed by ₹930–938. On the upside ₹975–985 is the first resistance zone followed by ₹995–1015. Short-Term Buyers & Holders View: Short-term participants can monitor whether the stock sustains above ₹975–985 with strong volume. A breakout above this zone could support a recovery toward ₹995–1015. If the stock falls below ₹945 further weakness toward ₹930–938 may follow. Holders can watch for a sustained move above resistance and the formation of higher highs and higher lows.