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Bajaj Finance Share Price Live Updates: Bajaj Finance Sees 1.21% Decline in Current Price, SMA5 at Rs 7248.36

In the latest trading session, Bajaj Finance witnessed a 1.21% decrease in its share price, currently trading at Rs 7241.05. The 5-day Simple Moving Average (SMA5) stands at Rs 7248.36, indicating a slight downtrend in the stock price.

Investors are closely monitoring the stock’s movement amidst market fluctuations, as Bajaj Finance continues to show resilience with a 20.64% 1-year return despite today’s 1.38% decline. Over the past three years, the stock has delivered impressive returns of 57.02%, showcasing its growth potential in the market.

Additionally, Bajaj Finance experienced a bearish price breakout, trading below its second support level (S2) at 7502.32, with the price at 7155.75. This downward movement suggests a potential weakening of the stock’s performance in the market.

Furthermore, the stock price has dipped below its 20-day Simple Moving Average, currently standing at Rs 7142.55, with a -2.55% daily change. This indicates a short-term negative trend in the stock’s performance.

Overall, investors are advised to stay informed about Bajaj Finance’s stock details and closely monitor its price movements in the coming days to make informed investment decisions.