#bajajfinance - Bullish Harmonic Pattern noted on daily charts
Updated
Technical
#bajajfinance - Bullish Harmonic Pattern noted on daily charts with RSI divergence.
Bajajfinance on 4hr time frame RSI breakout is there with positive RSI divergence. If crosses 6700 also then 6900 to go.
Fundamental
Bajaj finance looks a perfectly safe bet in this kind of market having book value all time low along with PE multiple (except covid). As far as competition is concerned it is well taken care off as per quarterly’s results and cooling off in PB and PE ratios
#bajajfinance - Bullish Harmonic Pattern noted on daily charts with RSI divergence.
Bajajfinance on 4hr time frame RSI breakout is there with positive RSI divergence. If crosses 6700 also then 6900 to go.
Fundamental
Bajaj finance looks a perfectly safe bet in this kind of market having book value all time low along with PE multiple (except covid). As far as competition is concerned it is well taken care off as per quarterly’s results and cooling off in PB and PE ratios
Trade closed: target reached
All Targets Achieved
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