BAJAJFINANCE
HELLO EVERYONE, TODAY I OBSERVED THAT THE BAJAJ FINANCE IS GOING UP VERY STRONGLY, WITH MAKING A PATTERN CALLED ASCENDING TRIANGLE PATTERN SO, I THINKS THAT IN NEAR FUTURE WE MAY SEE SOME BIG MOVEMENTS IN THE STOCK TO UPSIDE AND BULLS MAY WIN.
There is Double Bottom formation If BAJFINANCE close above 3450 in daily , can take a long position with first target 3800 and Second Target 3900
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
Have given a buy call yesterday on my Twitter ID (@TradeTechnicals). The view was;
BAJAJ FINANCE is expected to trade with positive bias. A dip towards 3250 (Can buy partial at CMP (3275) too) can be bought for trading for targets of 3450 & 3520 with a protective SL of 3120 on closing basis.
Looks good above 3385 for target of 3502 and if price move below 3290 we can short for 3210. Enter with confirmation on both side. Key is stay with NIFTY Trend.
Bajaj Finance Limited is a non-banking finance company (NBFC). The Company is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services. Its consumer lending products include two-wheelers and three-wheelers finance, consumer durables finance, digital products finance, retailer finance, salaried personal loans, e-commerce consumer finance, e-commerce seller finance and home loan. Its SME lending products include loan against property and business loans. Its commercial lending products include loan against securities and financial institutions group lending business. Its rural lending products include personal loans cross-sell, salaried personal loans and gold loans. It offers retail fixed deposits and wholesale fixed deposits. It is engaged in life insurance distribution, general insurance distribution and mutual fund distribution.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
BAJFINANCE
