NSE:BAJAJFINSV   BAJAJ FINSERV LTD
An interesting play of Support and Resistance .
Range breakout, almost after 3 weeks of consolidating.
At All time high- 11,980.00
No resistance beyond ATH , Let's see how it goes.

Comments

After Good Upmove in May month, one should be careful at this level.
One can expect some profit Booking at this level.
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My reading : 13725 shud be the next stop basis fib retracement.. before that there is an ascending line which has been acting as a long term resistance as well and can come into play from 12500.. If that's broken 13725 should come fast.. ( for discussion only ) . Would be nice to have your comments.
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As far as I understand, it will reverse from the levels of 12200-12400.... but lets see
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@ujjwalsethi007 so far sropped at 12200 level
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Stppped*
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