Bajaj finance-trading at the neckline of the head and shoulder pattern so a closing above ₹5300 will give Target of ₹5600/5800 and if the price slips and closes below 5200 then go short for Target ₹5000/4800/4600...wait for 1-2 days to check whether the neckline is broken or it is acting as a support
The scrip seems to be weak only below yellow marked line i.e 5532 levels.
Entry below -5532
TP 1 - 5400
TP 2 - 5340
TP 3 - 5235
Trade invalid above 5620
Do give a like and support to keep me motivated.
You are solely responsible for making your own investment decisions. If you choose to engage in such transactions with or without seeking advice from a licensed and qualified financial advisor or entity, then such decision and any consequences flowing there from are your sole responsibility.
Parallel channel in BAJFINANCE . Good to go long after confirmation from the demand zone / Support zone .
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Bajaj Finance Ltd. operates as a non-banking financial company. It offers consumer finance, SME finance, commercial lending and investment services. The company was founded on March 25, 1987 and is headquartered in Pune, India.