Technical Analysis Bajaj Finance

The stock

is in a long-term uptrend. Since early 2023 the price has been making higher highs and higher lows. This means that every time the price drops buyers step in at a higher level than the previous time. Support the price is currently hovering around ₹940 - ₹950. Looking at the history late 2024/early 2025 this area previously acted as a resistance. Now that the price is above it this level should act as a support. Resistance the immediate hurdle is the recent peak near ₹1080 - ₹1100. The stock needs to cross this to start a fresh rally. Recent pullback the sharp drop recently shows some selling pressure. The candles are relatively large meaning the bears were in control for a few days. Stability the price is currently sitting right on a dotted horizontal line likely a key psychological or historical level. If it stays above ₹940 it's a sign of strength. If it breaks below ₹900 the trend might turn weak. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.