The stock is showing strong price action near the support zone of ₹111–₹108, with multiple rejections confirming demand.
🔹 Key Observations:
Price respecting the support zone (₹111–₹108).
Strong downtrend resistance line tested multiple times.
Breakout above resistance could trigger upside momentum.
🔹 Upside Targets:
🎯 Target 1: ₹127 (≈10% gain)
🎯 Target 2: ₹142 (≈22% gain)
🎯 Target 3: ₹166 (≈41% gain)
🔹 Risk Management:
Stop Loss: ₹102 (below support zone).
Risk-to-Reward looks favorable for positional traders.
⚠️ Note: This is purely for educational purposes, not financial advice. Always do your own research before investing.
#BajajHousingFinance #NSEStocks #SwingTrading #Breakout #TechnicalAnalysis #SupportResistance #IndianStockMarket #TradingView
🔹 Key Observations:
Price respecting the support zone (₹111–₹108).
Strong downtrend resistance line tested multiple times.
Breakout above resistance could trigger upside momentum.
🔹 Upside Targets:
🎯 Target 1: ₹127 (≈10% gain)
🎯 Target 2: ₹142 (≈22% gain)
🎯 Target 3: ₹166 (≈41% gain)
🔹 Risk Management:
Stop Loss: ₹102 (below support zone).
Risk-to-Reward looks favorable for positional traders.
⚠️ Note: This is purely for educational purposes, not financial advice. Always do your own research before investing.
#BajajHousingFinance #NSEStocks #SwingTrading #Breakout #TechnicalAnalysis #SupportResistance #IndianStockMarket #TradingView
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.