BAJAJ FINSERV Trend Analysis
Expecting further fall towards 11500 level which is at key support and weekly RSI showing strong bullish divergence.
If price bounces up from key support then 15500 level will act as strong resistance level.
If key support breaks then next support will be the trendline support around 8600 level. (Highly likely as it is overvalued and promoters are selling)
Best to accumulate below 9000 level.
Will update the targets later, meanwhile mind the resistance mentioned.
Do your own due diligence before taking any action.
Peace!!
If price bounces up from key support then 15500 level will act as strong resistance level.
If key support breaks then next support will be the trendline support around 8600 level. (Highly likely as it is overvalued and promoters are selling)
Best to accumulate below 9000 level.
Will update the targets later, meanwhile mind the resistance mentioned.
Do your own due diligence before taking any action.
Peace!!
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