Bajaj Finance has done a clear 5 wave Impulse and then retraced within 38.2% of the up move. So wave 2 down is complete and wave 3 up is about to kick off taking the Stock to New All Time Highs !
MACD remains in Buy Mode
RSI is well placed for Long
Price is above 20 Day SMA
Only Bullish!
MACD remains in Buy Mode
RSI is well placed for Long
Price is above 20 Day SMA
Only Bullish!
Comment:
Update: Breakaway Gap today , confirmation to enter and now no reason to doubt the rally to New ATHs !