Bajaj Finance fell today post result declaration. A mega bull run has halted temporarily.
Much need correction in price has been started.
Scrip is following consolidation followed by a brief upmove strategy, Thus shifting price levels in a ladder-like structure.
It will retest the 3115-3130 levels on further correction( lower levels of Top-most rectangle). And can start its uptrend journey here to 3500 levels.
If broke the 3115 level, expected further correction till 3010.
Much need correction in price has been started.
Scrip is following consolidation followed by a brief upmove strategy, Thus shifting price levels in a ladder-like structure.
It will retest the 3115-3130 levels on further correction( lower levels of Top-most rectangle). And can start its uptrend journey here to 3500 levels.
If broke the 3115 level, expected further correction till 3010.
Trade closed: target reached:
Trading above 3500 levels