Bajaj Auto technical analysis

According to the latest Pivot data, Bajaj Auto’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹8500.83, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹8550.16, ₹8604.33, and ₹8653.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹8446.66, ₹8397.33, and ₹8343.16, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Bajaj Auto’s price movement.