Triangle Fails, Box Awaits – What's Next for #BajajFinsv?🔍 #OnRadar
#BajajFinsv
📉 Technical View:
Bajaj Finserv has been consolidating between 1917 – 2071 for the past 3 months, forming a Box Pattern and an Ascending Triangle .
An Ascending Triangle breakdown occurred on Friday with a gap-down move. Today, the stock retested the breakdown level and resumed its fall.
🔸 Key Support: 1917.20 (Box Pattern lower boundary)
🔸 A daily close below 1917.20 may confirm a Box Pattern breakdown
📌 Target (Post Breakdown): 1765
(~10% downside from current level)
⚠️ This is a technical analysis update for educational purposes only. Not a buy/sell recommendation. Please consult your financial advisor before making any trading decisions.
#TechnicalAnalysis | #BoxPattern | #ChartAnalysis | #ShortTerm
