Bajaj Auto share price shows recovery signs after recent fall, trading at ₹9,145 with targets above ₹10,500. Get expert analysis on support levels, resistance zones, and long position strategies for BAJAJ-AUTO shares.
Key Highlights at a Glance
Bajaj Auto (NSE: BAJAJ-AUTO) is currently trading at ₹9,145.50, indicating a technical recovery after testing key support levels. The stock has bounced back from its October lows and is trading above all major moving averages, presenting potential opportunities for long positions with targets above ₹10,500.
Current Market Position Of Bajaj Auto Share
Bajaj Auto’s stock price has demonstrated resilience in recent weeks, recovering from its October correction. The stock hit a low of ₹8,491.50 in the past month but has since rebounded, currently trading 2.87% above its 20-day moving average of ₹8,890.67.
The recovery comes after the stock tested its long-term moving averages, which served as strong support levels. This bounce-back indicates that institutional investors continue to view the stock favourably at lower levels.
Technical Analysis and Bajaj Auto Share Price Targets
Support and Resistance Levels
Current technical analysis reveals several key levels for traders:
Support Levels:
- Immediate support: ₹8,850-8,900 (20-day MA region)
- Strong support: ₹8,491 (recent monthly low)
- Long-term support: ₹8,438 (200-day MA)
Resistance Levels:
- Immediate resistance: ₹9,490 (recent monthly high)
- Next target: ₹10,500+ (projected breakout level)
- Strong resistance: ₹11,990 (52-week high)
Moving Average Analysis
The stock’s position relative to moving averages shows bullish momentum:
- Trading 2.87% above 20-day MA (₹8,890.67)
- Trading 4.00% above 50-day MA (₹8,793.50)
- Trading 8.38% above 200-day MA (₹8,438.09)
This alignment suggests a positive trend across all time frames, with the stock maintaining its upward trajectory above key technical indicators.
Performance Metrics Of Bajaj Auto Share Price
Recent Performance
- 1-month return: +1.34%
- 3-month return: +13.08%
- Year-to-date: +4.63%
- Current vs 52-week high: -26.84% (₹12,500.00)
- Current vs 52-week low: +29.00% (₹7,089.35)
The stock has shown remarkable resilience, outperforming broader market indices over the medium term despite recent volatility.
Fundamental Strengths
Financial Performance
Bajaj Auto continues to demonstrate strong operational performance with:
- Market Cap: ₹2,55,074 crores
- P/E Ratio: 33.58 (below industry average of 36.27)
- Dividend Yield: 2.30%
- Latest EPS: ₹75.10 (Q1 FY26)
Business Developments
Electric Vehicle Leadership:
Bajaj Auto has emerged as a leader in India’s electric two-wheeler market, topping sales in October 2025 with 11,418 units sold, capturing a 22% market share. This represents a significant 3.2% increase from September, demonstrating the company’s successful EV strategy.
The company’s electric vehicle segment shows strong momentum with improved supply chain management and resolution of rare earth magnet shortage issues that previously constrained production.
Export Growth:
The company continues to benefit from strong export demand, with two-wheeler exports growing 12% year-on-year in September 2025 to 1,57,665 units.
Analyst Recommendations and Targets
According to 39 analysts covering the stock, the consensus rating is “Buy” with an average 12-month price target of ₹9,261, representing a potential upside of +14.08% from current levels.
Analyst Distribution:
- 19 analysts recommend “Buy”
- 13 analysts suggest “Hold”
- 8 analysts recommend “Sell”
The target price range varies from ₹7,250 (lowest) to ₹12,584 (highest), indicating significant variation in analyst opinions but overall positive sentiment.
Trading Strategy for Long Positions
Entry Strategy
- Current Price: ₹9,145.50
- Recommended Entry: ₹9,100-9,200 (on any minor dips)
- Stop Loss: ₹8,750 (below 50-day MA support)
- Target 1: ₹9,500 (immediate resistance)
- Target 2: ₹10,500+ (breakout target)
Risk Management
The stock’s recent volatility of 18.79% (30-day annualised) suggests moderate risk levels. Traders should maintain strict stop-loss levels and position sizing appropriate to their risk tolerance.
Market Catalysts
Positive Factors
- EV Market Leadership: Leading position in electric two-wheeler sales
- Festival Season Demand: Approaching the festive season typically boosts two-wheeler sales
- Export Recovery: Strong international demand supporting volumes
- Technical Recovery: Stock bouncing from key support levels
Potential Risks
- Market Volatility: Broader market sentiment affecting the auto sector
- Competition Intensity: Increasing competition in the EV segment
- Raw Material Costs: Potential impact from commodity price fluctuations
Investment Outlook For Bajaj Auto Share
Bajaj Auto’s stock appears well-positioned for a potential rally, supported by strong fundamentals and improving technical setup. The company’s leadership in the electric two-wheeler segment, combined with robust export performance, provides a solid foundation for future growth.
The stock’s ability to hold above key moving averages after recent corrections suggests institutional support at lower levels. With analyst targets pointing to significant upside potential and improving business metrics, Bajaj Auto presents an attractive opportunity for investors seeking exposure to India’s evolving mobility landscape.
For short-term traders, the current setup offers a favourable risk-reward ratio with clear support and resistance levels for effective position management. Long-term investors may find the current valuation attractive given the company’s strategic positioning in the electric vehicle revolution and strong market presence in both domestic and export markets.
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Disclaimer:
This analysis is for informational purposes only and should not be considered as investment advice. All the information in the blog is for educational purposes only. I am not a SEBI-registered advisor. Please consult with a qualified financial planner or do your research before making any investment. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing.
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