Bajaj Housing Finance Share Price Falls to Rs 135 – Can It Find Support?

Summary:
• Bajaj Housing Finance share price holds at Rs 135. Can it stabilize or will the downtrend continue? Key levels and outlook.

The Bajaj Housing Finance share price slipped further to Rs 135.12, hitting a critical area where investors are hoping it finds some stability. As the stock continues its downtrend, we’re seeing mixed signals that could either push it lower or help it hold ground, especially with support levels just below.

Key Levels in Focus

Current Price Level: With shares now at Rs 135.12, Bajaj Housing Finance is flirting with a crucial support zone, making this level key to watch in the coming sessions.

To understand where Bajaj Housing Finance could head next, these support and resistance points are worth noting:

• Support at Rs 128.40: This level could act as a cushion if the downtrend continues. A hold above this point would be a positive signal.
• Resistance at Rs 146.13: If the price manages to climb back to this zone, it could indicate a shift in sentiment.

Can Rs 128 Support Hold?

The Rs 128 support level will be crucial in the days ahead. If the stock can find a foothold here, it might spark some buying interest and consolidation. A failure to hold, however, could open the door for further losses.

Final Thoughts on Bajaj Housing Finance

All eyes are on Bajaj Housing Finance as it sits around Rs 135. The stock has taken some hits, and investors are waiting to see if it can catch a break. Will it bounce back, or is there more turbulence ahead? With support and resistance levels clearly mapped out, the next few sessions should reveal if there’s strength left in this stock or if caution will rule the day. Stay tuned – this one could go either way.