Bajaj Auto Breaks Triangle Pattern to Hit Fresh Highs, Targets ₹10,000 Levels
Bajaj Auto has broken out from a triangle pattern formation to hit fresh record highs in January 2026, with technical analysts suggesting the rally may continue. Market experts recommend short-term trading opportunities with potential targets above ₹10,000 levels within 2-3 weeks. The breakout from the triangle formation on daily charts has propelled the two-three wheeler manufacturer's stock to unprecedented levels, indicating strong underlying momentum.

*this image is generated using AI for illustrative purposes only.
Bajaj Auto has demonstrated strong technical momentum by breaking out from a triangle pattern formation to achieve fresh record highs in January 2026. The two-three wheeler manufacturer's stock performance has caught the attention of technical analysts who see continued upside potential.
Technical Breakout Analysis
The stock recently completed a triangle formation breakout on daily charts during January 2026, which has propelled the shares to unprecedented levels. This technical pattern typically indicates a period of consolidation followed by a directional move, and in Bajaj Auto's case, the breakout has been decisively upward.
| Technical Parameter: | Details |
|---|---|
| Pattern Type: | Triangle Formation |
| Breakout Period: | January 2026 |
| Chart Timeframe: | Daily Charts |
| Price Achievement: | Fresh Record Highs |
Expert Recommendations
Market experts suggest that the current rally may not be over yet, presenting opportunities for short-term traders. The technical setup indicates potential for further upside movement, with analysts pointing to specific price targets.
| Trading Parameter: | Recommendation |
|---|---|
| Strategy: | Short-term Trading |
| Target Level: | Above ₹10,000 |
| Time Horizon: | 2-3 weeks |
| Chart Pattern: | Triangle Breakout |
Market Positioning
As part of the two-three wheeler space, Bajaj Auto's technical breakout comes at a time when the stock has shown sustained momentum. The triangle pattern breakout suggests that the underlying demand-supply dynamics have shifted in favor of buyers, creating the foundation for the current price appreciation.
The stock's ability to achieve fresh highs following the pattern completion demonstrates the strength of the breakout and validates the technical analysis framework being applied by market participants.
Trading Outlook
Short-term traders are being advised to consider entry positions based on the current technical setup. The combination of the triangle pattern breakout and the achievement of fresh record highs provides a compelling technical narrative for potential continued upside movement in the coming weeks.
Historical Stock Returns for Bajaj Auto
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.33% | +2.22% | +1.26% | +19.62% | +7.80% | +129.03% |































