Short! Bajaj Finserv with AB=CD Short

BAJAJ FINSERV LTDNSE

Description

⋅ May 21, 2020 4:01 PM

1. On Drawing AB=CD Pattern on Recent High and Low.

2. Reversal Level D Point with 1.27 Fibonacci Retracement form at 4390.

3. Sell Below 4505 Target:4465 , 4400 Stop Loss 4545.

Financial Analysis.
Bajaj Finserv look attractive now.

1. P/E is the Third Highest in industry.
2. EV/EBITA is the Third Lowest in The Industry.
3. May Give better return after Lockdown.
4. Pre Covid Trading Price around 9K
5. Best Time for the long term investor.

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Trade closed: target reached

⋅ May 22, 2020 8:00 AM

All target achieved