Bajaj Finserv is at a crucial resistance level of 5370 and also at the bottom of the channel.
If it bounces back from the bottom of the channel, we can expect a bounce back to 5600 levels.
If the channel is broken, then we may expect 5200 levels
Sun Pharma is at a crucial resistance level of 500. It is in an uptrend as of now.
When the resistance level of 500 is decisively broken, go long with a target of 520 and CBSL of 490 for a Risk Reward set up of 1:2.
The targets also fall within appropriate Fibonacci bands
NIIT Tech has a resistance at 540. If the resistance is broken, then we can expect further movement towards levels of 560, 580 and 600.
If the resistance is no broken, we can expect retracement to 500 levels