Bajajfinance
How much Downside might be due in Bajaj Finance? A few levels on which Bajaj Finance should find support while it corrects its full post Covid journey past one year.
These levels are illustrated to understand how much downside is still left as a probability.
Generally it comes down beyond 200 SMA before it bounce Upside, so 4200-4300 level works to support NSE:BAJFINANCE .
Look out for these levels of rejection and wait for confirmation to Up-side when it breaks out from a Trend line drawn in the Chart.
Predictions are merely for education purposes. No Trading Advice whatsoever in this profile.
BAJAJ FINSERV / BAJAJ FINANCE The pair chart is suggesting a reversal in Relative Strength from this level as it takes support near a rising trend line, suggesting Bajaj Finserv will outperform Bajaj Finance from here onwards. As per this the spread could now resume its uptrend till 1.95 and then 2.10, view negates below 1.72