vimal.kr.pathak
Long

As expected,The beginning of uptrend is started in Bajaj Finance

NSE:BAJFINANCE   BAJAJ FINANCE LTD
NSE:BAJFINANCE
Hi Traders,
As expected in previous idea ("Bajaj Finance Long"), Stock has broken resistance line and start moving in upward direction.
There is a possibility of temporary retracement to suggested resistance line (3523). If so, you can open new orders based on price action.

Stock Analysis
* Stock was in a range and developing higher high and lower low pattern between this range with support of trend line .
* It could not give closing above 3523. Today it has broken resistance line (3523).
* The beginning of uptrend is started.

Buy Level
3330 (Given in previous idea)

Target Level
TP1= 3821
TP2= 3983
TP3= 4244

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Comment: Buy (3330) given in previous idea.

Comments

What is the time profile to reach TG- 1,2,3,4
+1 Reply
@pradeepk72, If no negative news comes in the market, then I hope it can hit target in Sept.
Reply
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