NSE Nifty 50: Top 5 stock losers of March 03, 2025

In this article, we will explore the technical indicators of some of the low-performing stocks on the Indian stock market, including BAJAJ-AUTO, BAJAJFINSV, COALINDIA, HDFCBANK, and RELIANCE.

By looking at these stocks through the lens of key technical factors, we aim to better understand their price movements, trends, and potential future performance.

Analysis for Bajaj Auto - March 03, 2025

Bajaj Auto Performance: Bajaj Auto has experienced a negative performance recently, with a closing price of 7714.80, down from the previous close of 7902.90, marking a -2.38% change. The stock's RSI indicates it is currently in the oversold territory at 23.81. With a MACD that is lower than its signal line, the stock shows bearish momentum. Despite the decrease in price and the negative sentiment, its PE Ratio stands at 28.71, with a market cap of over 2 trillion INR, highlighting its significant presence in the Auto Manufacturers industry.

Relationship with Key Moving Averages

Bajaj Auto is currently trading below its key moving averages, with the closing price of 7714.80 significantly under the 10-day EMA of 8261.15, the 50-day EMA of 8707.98, and the 200-day EMA of 9078.80, indicating a bearish trend. The RSI of 23.81 also suggests that the stock is oversold.

Moving Averages Trend (MACD)

MACD Analysis for Bajaj Auto: The MACD value is -188.13, which is below the MACD Signal of -99.52. This indicates a bearish trend, suggesting that the stock is experiencing downward momentum. The negative MACD also aligns with the stock's recent price declines.

RSI Analysis

RSI Analysis for Bajaj Auto: The current RSI for Bajaj Auto is 23.81, which indicates that the stock is in the oversold territory since it is below 30. This suggests that the stock may be undervalued, and a potential reversal in price might be forthcoming.

Analysis for Bajaj Finserv - March 03, 2025

Bajaj Finserv Performance: Bajaj Finserv experienced a decline in its stock price with a close at 1,838.55, marking a -1.80% change. The stock's EMA indicators show a slightly bullish stance with a 10_EMA of 1,864.41, but it still closed below both its 10 and 20-day EMAs. The RSI is at 52.64, indicating relatively neutral momentum. The company holds a substantial market cap of 2,933,259,501,568 INR and is active in the financial services sector in India.

Relationship with Key Moving Averages

Based on the given data for Bajaj Finserv, the stock is trading below its 10-day EMA (1864.41) and above its 50-day EMA (1778.87) and 200-day EMA (1707.08). This suggests short-term weakness as it is trading below the 10-day EMA, but remains strong in the long term due to its position above the 50-day and 200-day EMAs.

Moving Averages Trend (MACD)

### MACD Analysis for Bajaj Finserv The MACD for Bajaj Finserv is currently below its signal line, with a value of 37.07 compared to the signal line value of 40.67. This suggests a potential bearish momentum in the stock. However, investors should monitor this closely, as the MACD provides insights into potential trend changes.

RSI Analysis

The Relative Strength Index (RSI) for Bajaj Finserv is 52.64, which is considered a neutral value. It suggests that the stock is neither overbought nor oversold. This indicates a balanced market sentiment and may imply potential consolidation or a period of indecision among traders.

Analysis for Coal India - March 03, 2025

### Coal India Performance Coal India's recent performance shows a slight decline, with a closing price of 360.35, reflecting a -2.43% change from the previous close of 369.35. Trading volumes reached over 12 million shares, while crucial indicators such as the RSI point to a moderate level of recent selling pressure. The stock remains below its 50-day and 200-day EMA, suggesting potential bearish sentiment in the short to medium term.

Relationship with Key Moving Averages

Coal India is currently trading below its key moving averages, with the close of 360.35 indicating a position beneath the 10-EMA of 364.61, the 50-EMA of 376.56, and the 200-EMA of 403.62. This positioning suggests a bearish sentiment in the short to longer term, given its negative price movement relative to these averages.

Moving Averages Trend (MACD)

Coal India's MACD is currently at -3.46, while the MACD Signal is at -3.86. This suggests a bearish sentiment as the MACD is below the Signal line, potentially indicating downward momentum. The MACD histogram, being slightly negative, reinforces the cautious outlook for the stock in the short term.

RSI Analysis

The RSI for Coal India is 43.60, which indicates that the stock is currently in a neutral zone, leaning slightly towards being oversold. This suggests that recent selling pressure may be easing, and investors might want to watch for potential stabilization or reversal signals.

Analysis for HDFC Bank - March 03, 2025

HDFC Bank Performance HDFC Bank's stock closed at 1701.55, representing a decrease of 1.78% from its previous close of 1732.40. The stock experienced a trading volume of 10,602,247 shares, with a market capitalization of 13.02 trillion Indian Rupees. Despite the slight overall decline, its PE Ratio stands at 19.03, indicating a stable earnings potential within the Financial Services sector.

Relationship with Key Moving Averages

HDFC Bank's closing price of 1701.55 is below its 50-day EMA of 1710.89, reflecting a short-term bearish sentiment. However, it remains above its 200-day EMA of 1679.09, suggesting longer-term bullishness. The price is close to its 10-day and 20-day EMAs, indicating potential consolidation.

Moving Averages Trend (MACD)

The MACD for HDFC Bank indicates a bearish trend as the MACD value of -0.0730 is below the MACD Signal line of -0.9927. This suggests a potential continuation of downward momentum in the stock price.

RSI Analysis

The RSI for HDFC Bank is 49.56, which suggests a neutral position, indicating that the stock is neither overbought nor oversold. This level implies a balance in trading momentum and may not signify an imminent trend change.

Analysis for Reliance - March 03, 2025

Reliance experienced a drop in its stock price with a % change of -2.40% and a points decrease of 28.85 from the previous close. The stock's RSI indicates it is currently oversold, while the MACD suggests a bearish trend. Despite short-term declines, the company maintains a substantial market cap and exhibits a strong PE Ratio.

Relationship with Key Moving Averages

Reliance's current close price of 1171.25 is below the 10 EMA (1209.14), 20 EMA (1223.23), 50 EMA (1245.10), and 200 EMA (1322.96), indicating a bearish trend. The stock is trading significantly lower than its key moving averages, suggesting downward momentum.

Moving Averages Trend (MACD)

Reliance's MACD analysis indicates a bearish trend, as the MACD value of -15.72 is below the Signal line at -10.68. This suggests that the stock price might continue to experience downward momentum in the near term.

RSI Analysis

Reliance's RSI is 29.30, indicating that the stock is currently in the oversold territory. This suggests that the stock may be undervalued or experiencing downward momentum. However, further analysis or confirmation from other indicators might be needed before making trading decisions.