Bajaj Finance, Radico Khaitan Stocks Hover Near Critical 200-DMA Levels
Overview
Bajaj Finance and Radico Khaitan stocks are navigating crucial technical junctures, testing their 200-day moving averages. Bajaj Finance faces this long-term trend indicator for the first time in 13 months, while Radico Khaitan approaches it after a 10-month gap. This technical test could signal significant price movements ahead for these key Indian equities.
Stocks Mentioned
Technical Crossroads for Bajaj Finance
Bajaj Finance stock was observed trading flat around ₹952 levels on Tuesday. However, technical charts indicate the stock is at a critical point, testing its long-term 200-day moving average (200-DMA), which currently stands at ₹954.50. The stock hit intra-day lows near ₹945.65 on Tuesday and ₹939.85 on Monday, yet has managed to hold above this key average on a daily closing basis.
The 200-DMA is a widely watched technical parameter used to gauge a stock's long-term trend. Generally, trading below this average suggests a bearish trend, while staying above it indicates a bullish one. Bajaj Finance is testing this significant average for the first time in approximately 13 months. The last time the stock closed below its 200-DMA was on January 1, 2025, when it traded near ₹691.
Radico Khaitan Faces Similar Technical Test
Similar technical pressures are evident in Radico Khaitan stock, which is also testing its 200-DMA after a gap of just over 10 months. The company last traded below this average on March 3, 2025. Radico Khaitan has experienced a notable decline, tumbling nearly 14 percent in January 2026 alone.
The stock currently trades around ₹2,864, hitting an intra-day low of ₹2,781 on Monday. Its 200-DMA is positioned at ₹2,840.60. Radico Khaitan has also struggled to stay above its short-term moving averages, with the 20-DMA at ₹3,159 and the 50-DMA at ₹3,207, consistently trading below them since the start of the year.
Market Sentiment Indicators
Technical analysts often view a stock testing its 200-DMA as a sign of potential trend reversal or consolidation. For Bajaj Finance, a sustained hold above ₹954.50 could reinforce its long-term uptrend. Conversely, a decisive break below this level might trigger further selling pressure, especially given its current struggle around shorter-term averages like the 20-DMA at ₹987 and 50-DMA at ₹1,009. The pattern for Radico Khaitan appears more bearish, with sustained weakness below its immediate moving averages.
