Bajaj Finserv cmp 189.25 by Weekly Chart viewKeep the stock on radar for probable New ATH creation basis a good Technical Chart Setup
Bajaj Finserv cmp 189.25 by Weekly Chart view
- Old time Support Zone 1520 to 1560 Price Band
- Stock Price is attempting to keep above the Falling Resistance Trendline
- Stock Price seems to be traversing along both the Rising Support Trendlines
- Technical Indicators seem trending positively for the likes of EMA, MACD and RSI
- Volumes seen going in sync with avg traded quantity and attempting to stay above it
- Weekly Support seen at 1726 > 1520 > 1375 with the Resistance seen only at the ATH 2029.90
Bajajfinserveltdview
Weekly Triangle Break-Out Good Investment for Long TermHi All…
Greetings!
Today I’m sharing with you Bajaj Finserv Ltd. Weekly Chart. From past 2 weeks stock has showed very bullish sign, after a small correction we can see good price action. The stock has been stuck in a triangle formation from a very long time. I think it would a good time to invest in the stock.
In the coming time I think it should give good returns.
Thanking You
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
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Disclaimer – These ideas shared by me to all are my personal analysis / views. I'm not a SEBI registered technical analyst.