Bajaj Finance
Near to over bought level SL 3400-3420.
Short at CMP.
Target 3100, 2800, 2500, 2200.
Let it close below 3250 then we,can see a major fall in,d stock. With supports at given above levels,
It has,form a,Bullish Pennant pattern on d chart. Need to give a promising close above 3420-3460 level.
If that is,also crosses and gave close above 3420-3460 then another rally of 200-300 points,possible
with target of 3700+
Until then candidate for a downfall.
Short at CMP.
Target 3100, 2800, 2500, 2200.
Let it close below 3250 then we,can see a major fall in,d stock. With supports at given above levels,
It has,form a,Bullish Pennant pattern on d chart. Need to give a promising close above 3420-3460 level.
If that is,also crosses and gave close above 3420-3460 then another rally of 200-300 points,possible
with target of 3700+
Until then candidate for a downfall.
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.