jayadrath
Long

Buy for long term

BSE:BAJFINANCE   BAJAJ FINANCE LIMITED
64 views
1
All of the recent rally has been wiped off thanks to the FII outflows. It is just above the 50% Fibonacci retracement level. Closing stoploss 750. Target 1000. Return 22%; Risk 8%; Timeline Mar'17

Comments

Amazing Bull run of this stock. It gained almost 100% in almost one year. EMAs have turned bearish (on November 3, 2016) with a wide separation between them. This suggests bearish in the short term (About 4 to 8 weeks).
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