Bajaj Finance - Next target is 8000Bajaj finance is under accumulation phase and the price is trading under strong support area. This phase has continued for the last 33 days.
Presently, in daily timeframe, there is a triangle pattern formed within the phase.
It is expected that the price will be breaking the pattern towards upside in another 2 or 3 trading sessions(between Sept 19, 20 & 21).
Hence, the predicted next target is 8000.
BAJFINANCE trade ideas
Bajaj finance was on its major support We can see Bajaj finance was down by more thn 20% in 6 month. This year Bajaj finance results was very good. It can improve QOQ despite this its share price has been fall now it's on major support zone(5935).
If it's sustain in it we can creat buy position in it. And if fall we creat another buy position at 5300. Soo must watch thz share. Our target for this share is 6555 7335 8000.
Bajaj finance anaysis and chartWith strong support area of @ 7100/7070 this share could surge.7370/7495 and crossing of these levels momentum upto 7590 to 7775 is possible.short term.views are for education purpose.any trade related decision should be in consultation with financial advisor.any unforeseen events if any target and time frame may vary.