BAJAJ FINANCE LTD
Long

Bajaj Finance : Bullish symmetrical triangle pattern on monthly


Chart is self explanatory.
Bullish symmetrical triangle pattern on monthly chart clearly shown .
1. Breakout happened already. Waiting for Retest to double to buying position .
2. Stock has been consolidating for last 3 years which is a very good sign .
3. Revenue and profits are growing at a great pace (Revenue & Net profit : all time high).

Target : ~10350
Stoploss : ~6500
Time frame : 1-1.5 years

All the best

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