Bajaj Auto Limited
Long

BAJAJ-AUTO 1 Month Time Frame

146
📊 Current Position

Last price: ~₹8,940 – ₹9,000 range.
52-week range: ₹7,089 – ₹9,490.

🔁 Near-Term Levels (1-Month Time Frame)
📈 Upside / Resistance Levels
These are prices where the stock may face selling pressure or pauses in a rally:

1. Immediate Resistance: ~₹9,100 – ₹9,150
2. Stronger Resistance: ~₹9,200 – ₹9,250
3. Positive Breakout Zone: Above ~₹9,250 – ₹9,300

Closing above these zones in sequence suggests short-term bullish momentum.

📉 Downside / Support Levels
These are key areas where the stock may find buying support if price dips:

1. Immediate Support: ~₹8,850 – ₹8,890
2. Next Support: ~₹8,750 – ₹8,780
3. Deeper Support: ~₹8,600 – ₹8,650

A breakdown below ₹8,850 could see retest of lower supports.

📊 Likely 1-Month Trading Range (Technical View)

Based on current trend and volatility, traders often expect the stock to fluctuate roughly between:

≈ ₹8,750 – ₹9,300 over a 4–6 week horizon, unless strong breakout/breakdown occurs.
This aligns with recent short-term forecast ranges from chart-based models.

Disclaimer

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