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manavtechresearch
May 23, 2020 8:51 AM

DESCENDING TRIANGLE PATTERN IN BAJAJ FIN Education

BAJAJ FINANCE LTDNSE

Description

PLEASE READ THE CHART FOR STUDIES
Comments
Watatrader
Sir, As per your view and chart patterns, till where it will go in terms of downside? And also, I shall be really grateful if you could please let us know a suitable level to accumulate this stock for long-term?
manavtechresearch
@Watatrader, for long-term i would wait for it to reach atleast 1588 and start to accumulate
manavtechresearch
@Watatrader, as per down side i will say atleast it can test 1850/1750
orientalenggcom
Sir,
Can I inveest in Bajaj Finserv and Bajaj Finance for long term. If yes then at what level should I buy. What can be the expected rate of growth in the comming 12 months.
vvinita13
As Divergence is seen & being in oversold territory, upside looks good.
Please share your thoughts!
manavtechresearch
@vvinita13, as of now to start a new trend on the upside on bajaj fin it must first cross the hurdle of 2000
going by the setup you need to see little bit for further downside before it will rise
pragatiberhampur
Pick now or repent for ever
orientalenggcom
What will be the best level to buy HUL, Bajaj finserv, Bajaj finance for long term, and will be the expected rate of growth in the next 12 months.
manavtechresearch
@orientalenggcom, buddy a technical analyst can't forcst so deep lets go be the sentitment and price action one by one at a time yes when it comes to bajaj fin the deep was extremely sharp and recently nbfc have turned extreme bearish so next thing is a oversold zones for bajaj fin and recovery could be seen soon in this stock but for lets go by chart patterns which atleast suggest break of atleast 200 points
AnilChadda
Interesting. Looks worth a Short
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