Bajaj Finance Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Bajaj Finance closed the previous week on a negative note losing 6.78%
Technically, Bajaj Finance share price will see immediate support at 7,149.73 and immediate resistance would be seen at 7,673.73
If Bajaj Finance share price closes below immediate support of 7,149.73, then sharp breakdown can be seen. Bajaj Finance share price will see major support at 6,917.87 for the week.
On the positive side, immediate resistance will be seen at 7,673.73. Closing above 7,673.73, Bajaj Finance share price will see a sharp breakout. Major resistance for Bajaj Finance share price will be seen at 7,965.87 for the week.
Trading range for Bajaj Finance share price for this week should be between 6,625.73 on down side and 8,197.73 on up side.
Bajaj Finance Previous Week High: 7734
Bajaj Finance Previous Week Low: 7210
Bajaj Finance Previous Week Range: 524 Points
Bajaj Finance share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 8,197.73 |
Resistance 2 | 7,965.87 |
Resistance 1 | 7,673.73 |
Support 1 | 7,149.73 |
Support 2 | 6,917.87 |
Support 3 | 6,625.73 |