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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SEBI Registration number is INZ000174330
