NSE Nifty 50: Top 5 stock losers of March 10, 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, EICHERMOT, INDUSINDBK, ONGC, and TRENT.

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 10, 2025

Bajaj Auto had a recent closing price of 7,383.40, reflecting a decline of approximately 2.53% from the previous close. The stock's performance shows a downward trend with both 50-day and 200-day EMAs being substantially higher than the recent EMAs, indicating a bearish momentum. The RSI indicates the stock is oversold, and the MACD value further reinforces the ongoing bearish sentiment.

Relationship with Key Moving Averages

Bajaj Auto is currently trading significantly below its 50 EMA and 200 EMA averages, indicating a potential downtrend as it trades at 7383.40 compared to its 50 EMA of 8477.52 and 200 EMA of 8999.07. This divergence from key moving averages might suggest bearish momentum in the stock, accompanied by an RSI of 26.41, signaling it might be oversold.

Moving Averages Trend (MACD)

The MACD for Bajaj Auto is currently negative, with a value of -341.67, which is below the MACD Signal line of -244.18. This suggests a bearish trend, indicating potential downward momentum in the stock's price.

RSI Analysis

The Relative Strength Index (RSI) for Bajaj Auto is 26.41, which indicates that the stock is currently in the oversold territory. This suggests a potential buying opportunity, as the RSI below 30 typically signals that a stock may be undervalued and could experience a price rebound. However, it's essential to consider other indicators and market conditions before making any investment decisions.

Analysis for Eicher Motors - March 10, 2025

Eicher Motors experienced a decline in performance, closing at 4990.55 after opening at 5123. This reflects a % change of -2.16% and a points change of -110.15. The company's RSI stands at 49.92, indicating nearly neutral momentum, while the MACD is negative at -17.66, suggesting a bearish trend.

Relationship with Key Moving Averages

Eicher Motors is currently trading below its 50-day EMA of 4997.11, indicating a potential bearish trend or weakness in the stock price. However, the stock remains above the 200-day EMA of 4782.26, suggesting a longer-term uptrend is still in play despite the recent pullback.

Moving Averages Trend (MACD)

MACD Analysis for Eicher Motors: The MACD for Eicher Motors is currently at -17.66, while the signal line is at -39.44. This indicates a bullish crossover, suggesting potential upward momentum as the MACD line has crossed above the signal line.

RSI Analysis

The RSI (Relative Strength Index) for Eicher Motors is 49.92, which indicates that the stock is neither overbought nor oversold. An RSI around 50 suggests a neutral position where the stock might experience relatively stable movements.

Analysis for IndusInd Bank - March 10, 2025

IndusInd Bank's stock performance on the specified day showed a decrease, with the closing price at 900.5, down from the previous close of 936.75, marking a % change of -3.87%. The bank is part of the Financial Services sector in India and has a relatively low PE Ratio of 9.68, indicating it may be undervalued in comparison to the sector. The RSI value of 27.80 suggests that the stock is in the oversold territory.

Relationship with Key Moving Averages

IndusInd Bank is trading below its key moving averages, with its current close of 900.5 being significantly lower than its 10 EMA (973.11), 20 EMA (993.48), 50 EMA (1007.36), and 200 EMA (1163.14). This suggests a bearish trend.

Moving Averages Trend (MACD)

IndusInd Bank is currently experiencing a bearish trend, as indicated by the MACD value of -17.47, which is below the MACD Signal of -2.32. This suggests downward momentum in the stock price, and investors should be cautious in the short term.

RSI Analysis

Analysis of RSI for IndusInd Bank: The Relative Strength Index (RSI) for IndusInd Bank is 27.8, indicating that the stock is in the oversold territory. An RSI below 30 typically suggests that the stock may be undervalued, potentially presenting a buying opportunity for investors.

Analysis for ONGC - March 10, 2025

ONGC has experienced a decline in stock performance, closing at 223.19 compared to a previous close of 232.89, reflecting a percentage change of -4.17%. The company's technical indicators show a bearish trend with the RSI at 35.95 and a negative MACD. The stock's market cap stands at 2.81 trillion INR, with a PE Ratio of 7.20, indicating potential value in the Energy sector within the Oil & Gas Integrated industry in India.

Relationship with Key Moving Averages

ONGC's current stock price is below key moving averages, with the close at 223.19 compared to the 50 EMA of 241.25 and the 200 EMA of 251.41, indicating potential bearish sentiment. The close is also below the 10 and 20 EMAs, which are at 230.14 and 234.00, respectively, suggesting downward pressure in the short term.

Moving Averages Trend (MACD)

The MACD value of -4.9967, which is below the MACD Signal of -4.7757, suggests a bearish trend for ONGC. This indicates the stock might be experiencing downward momentum.

RSI Analysis

The Relative Strength Index (RSI) for ONGC is 35.95, indicating that the stock is approaching oversold territory. An RSI below 30 is considered oversold, suggesting that the stock may be undervalued at the current price level and could experience a potential price reversal or recovery.

Analysis for Trent - March 10, 2025

### Trent Performance Description Trent shows a noticeable decrease in the stock price, with a closing value of 4799.70, down by approximately 4% from its previous close. The stock is underperforming relative to its 50 and 200-day EMAs, indicating bearish momentum. Additionally, an RSI of 34.37 suggests oversold conditions, suggesting potential for a reversal. The stock belongs to the Apparel Retail industry within the Consumer Cyclical sector in India.

Relationship with Key Moving Averages

Trent is currently trading below its key moving averages, with the close price of 4799.7 being lower than the 10 EMA, 20 EMA, 50 EMA, and 200 EMA values. This indicates a bearish trend, as the stock price is below short-term and long-term moving averages, suggesting potential downward momentum.

Moving Averages Trend (MACD)

Trent's MACD is currently -209.99, which is above its signal line at -244.48. This indicates a potential bullish crossover, suggesting the stock might see upward momentum in the near term. However, investors should also consider other market factors before drawing conclusive trading decisions.

RSI Analysis

Trent's RSI currently stands at 34.37, which indicates that the stock is nearing the oversold territory. This suggests potential for a price reversal or stabilization, especially if the RSI dips further below 30. Investors often consider such levels as a signal to scrutinize the stock for a potential buying opportunity.