Bajaj Finserv Nears All-Time High: Analysts See Bullish Breakout

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Technical charts signal a consolidation breakout as Bajaj Finserv trades above key moving averages; analysts cite strong profit growth and volume-backed rally as indicators of renewed upside potential.

By S JHA

Mumbai, October 21, 2025 — According to a research note by SEBI-registered stock market analyst Amit Seth, shares of Bajaj Finserv Ltd are exhibiting strong bullish momentum, supported by favourable technical indicators and improving financial performance.

Shares of Bajaj Finserv Ltd surged in one-hour long Muhurt trading on Tuesday, extending gains from the Monday session. The stock gained over one per cent in today’s trade to close at ₹2165. In the last five days, shares of Bajaj Finserv Ltd gained six percent.

Seth noted that the stock has been in a sustained uptrend with its 10-, 20-, 50-, and 200-day exponential moving averages (DEMA) positively aligned — a sign of medium-term strength. After a 10–12 day consolidation phase near the 20/50 DEMA, Bajaj Finserv has now shown a bullish price action, trading above the 10 DEMA.

“Today’s candle is above the highs of the previous five sessions, indicating a consolidation breakout at the 10/20 DEMA,” Seth wrote, adding that the ratio chart with Nifty50 shows a bullish reversal from support, while the RSI momentum indicator has broken past the 55 resistance level. “The technical setup points to the possibility of a short-term bullish move,” he added, with major support at ₹1,990.

Market voices on X echoed this sentiment.
Chart Addict observed that the stock is “near all-time high breakout” with “huge volume indicating big player footprint” and “breakout after long consolidation — a good sign.”

Sunil Gurjar highlighted Bajaj Finserv’s strong fundamentals, noting its ₹3.41 lakh crore market capitalization, P/E ratio of 35.9, and ~30% YoY profit growth in Q1 FY26, driven by operational strength across its diversified financial services businesses — lending, insurance (life and general), asset management, and digital distribution.

Jitendra, another market analyst, pegged the next resistance at ₹2,100, suggesting a potential upside toward ₹2,500+ if the breakout sustains, with a stop-loss near ₹2,050.

The combination of strong technical alignment, bullish price action, and solid quarterly earnings positions Bajaj Finserv as one of the key financial sector stocks to watch in the coming sessions.

(Disclaimer: This article makes no recommendation for buy or sell of shares of any company)