BAJAJFINSV trade ideas
BAJAJ FINSERV Trend AnalysisExpecting 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!!
Bajaj finserv trade setupBajaj finserv is good for swing trading. It has formed and bullish engulfing pattern on daily time frame.
The stock has retested the previous trend line and is near the resistance level of 16570.
If the stock cross the level with volume confirmation, it can move up to the level of 18000.
Bajajfinserv will give a good move on long side.
Target :- 18000, 18500.