BAJAJ FINANCE LTD
Long

Bajaj Finance Ltd - SHORT-TERM REVERSAL?

1 077
Bajaj Finance Ltd

The Stock is trading in a falling wedge pattern and breakout from the pattern may result in breakout in the stock.

Moreover, if you see it's RSI, though the price was making a new low, RSI was failing to enter the oversold area which suggested comparative strength in the stock.

I am totally BULLISH for the stock.

Once it breaks the 2007 level with Volume and Conviction, the prices will reach 2250 in 3-4 days.

KEEP AN EYE!! #B+

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