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SwingerV
May 14, 2020 3:48 AM

Buy Bajaj Finance  Long

BAJAJ FINANCE LTDNSE

Description

Good to go long with tight SL.

Comment

This could go as high as 7-8% by close today. EOD target would be 2290. I will carrying home some of my future long positions
Comments
pragatiberhampur
Wait till it slides to 1950/-
Can buy mid-way
Depends upon your patience 😉
padhy99601
What should one do for today....exit the positions entered around 2200 or go short?
vivek79808
It's target is still 2300 because on 19th may, 2020 bajaj finance quarterly results are coming.
senthilvelan120673
Today closing price at 2112. It will come 1800.
vivek79808
@senthilvelan120673, it can, but not before 20th may, and because target is 2300-2400 before 19th may as quarterly results are coming on 19th
revealfinsev
RSI is at 70
revealfinsev
is this breaking its down trend
SwingerV
@revealfinsev, My views here are typically for short term unless I mention. If I understand your question correctly - you meant "Is it the end of the downturn?" It depends on the lock down exit strategy and how successful that would be in bringing the economy to normalcy. As of now, there are many variables that I do not have answers for. The most advanced economies have difficulty to come up with a robust lock down exit plan.
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