Bajaj Finance, the stock that made investors very elated in last couple of years, has corrected in a very healthy way and seems to have bounced from the near 200dma support area.
As one can see on a weekly chart it just fell short of doing bullish engulfing pattern. But look at the volume, and the reversal from the exact trend line.
I would buy above 2335, with stop at 2150. Target, is open in this case, but at least its previous high.
As one can see on a weekly chart it just fell short of doing bullish engulfing pattern. But look at the volume, and the reversal from the exact trend line.
I would buy above 2335, with stop at 2150. Target, is open in this case, but at least its previous high.
Please call me. I would like to know more about technical analysis.
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