🔍 #OnRadar
#BajajFinsv
📉 Technical View:
Bajaj Finserv has been consolidating between 1917 – 2071 for the past 3 months, forming a Box Pattern and an Ascending Triangle.
An Ascending Triangle breakdown occurred on Friday with a gap-down move. Today, the stock retested the breakdown level and resumed its fall.
🔸 Key Support: 1917.20 (Box Pattern lower boundary)
🔸 A daily close below 1917.20 may confirm a Box Pattern breakdown
📌 Target (Post Breakdown): 1765
(~10% downside from current level)
⚠️ This is a technical analysis update for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any trading decisions.
#TechnicalAnalysis | #BoxPattern | #ChartAnalysis | #ShortTerm
#BajajFinsv
📉 Technical View:
Bajaj Finserv has been consolidating between 1917 – 2071 for the past 3 months, forming a Box Pattern and an Ascending Triangle.
An Ascending Triangle breakdown occurred on Friday with a gap-down move. Today, the stock retested the breakdown level and resumed its fall.
🔸 Key Support: 1917.20 (Box Pattern lower boundary)
🔸 A daily close below 1917.20 may confirm a Box Pattern breakdown
📌 Target (Post Breakdown): 1765
(~10% downside from current level)
⚠️ This is a technical analysis update for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any trading decisions.
#TechnicalAnalysis | #BoxPattern | #ChartAnalysis | #ShortTerm
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.