Analysis - Bajaj Finance

Stock: Bajaj Finance

Stock is expected to show a good up move once it crosses 3500. One can see uptrend up to 3650-3700.

The first diagram on the left-hand side is of Day Chart. Which shows that it got some challenges in crossing 3500. So one could take a shot putting stop loss at 3500 or be in no trade zone until it crosses 3500.

This stock can be traded for the long term, Intraday, and also one can also take positional call in it.

Intraday: Stock seems to have got good support at 3420 ..seems small resistance at 3445.

Positional: Stock has got Support of 3200 and a target of 3650-3700.

The second diagram represents the short term or intraday chart. As per its 3420 levels is acting as support with a target of 3445 and if crosses 3450 aim for 3490 and if it crosses 3500 add more for a target of 3600 to 3700 plus targets for the small - midterm.
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✌Bajaj Finance is on Fire. Both 3445 and 3490 Targets are Achieved.✌

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