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CKParkhi

Bajaj Finance : 6,125 is the Key level for Bulls

Long
BAJAJ FINANCE LTD (NSE:BAJFINANCE)  
CKParkhi  
NSE:BAJFINANCE   BAJAJ FINANCE LTD
Trend Analysis Harmonic Patterns Chart Patterns bajaj bajajfinance bajajfinancetechnicalanalysis bajajfinancebuy
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trendanalysis harmonicpatterns chartpattern bajaj bajajfinance bajajfinancetechnicalanalysis bajajfinancebuy
Bajaj Finance (Daily)

1. XABCD - B is taken out means the Bearish harmonic Pattern is triggered.
2. Now it must defend 6,125 to chart ahead towards 6,400+ territory.
3. 6,125 (+/- 25) zone is a confluence of Fib + 7th March 2022 Low (Line Chart basis).
4. 25EMA and 21EMA are parallel (not yet merged) which will provide a base for the move upwards.
5. Thus we have a solid base for the counter to go up.
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