02-02-2024 10:34 AM | Source: Religare Broking Ltd
Stock of the day : Bajaj Finance Ltd For Target Rs.225 - Religare Broking

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Bajaj Finance Ltd

* BAJFINANCE has been under pressure from last more than four week with gradual rise in volumes.

* It has recorded a breakdown from the Head and Shoulder price pattern suggest weakness to continue.

* It has slipped below it short term moving average on the weekly chart with noticeable volumes.

* We thus recommend creating shorts through the Put option.

 

BUY Bajaj Finance Ltd CMP 150.00; Range 149-152; SL 110; Target  225

 

 

 

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