vssadineni
Education

Bajaj Finance just broke its long term uptrend.

NSE:BAJFINANCE   BAJAJ FINANCE LTD
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2
181 2
Month candle from 2006 till date.
any one can conform as tradingview.com is not showing old data.
please correct me if i am wrong here as I am no expert.

Thank you.
If it breaches 1853 level?
we are with 8 trading days left for the month, and monthly candle chart is in a formation of a bottom spinning top, added to that, previous month's bar eating up candle sticks of up trend, this is a new pattern emerging as I could not find a similar one in BajFinance, not in monthly chart atleast.
I would expect it to test 1625 soon if the NBFC’s Issue, Dollar appreciation and crude oil price would effect borrowing capacity of its customers and that would tell upon its books.
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Ok..so what targets do you see as per your observations?
Thanks.
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