Stock of the day : Bajaj Finance Ltd For Target Rs. 240 - Religare Broking
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Bajaj Finance Ltd
* BAJFINANCE has remained under pressure while trading in a broader range below its previous resistance zone.
* It is on the verge of claiming new lows by registering a breakdown of this consolidation range.
* It has also slipped below its short term moving averages indicating weakness in the trend.
* We thus recommend creating shorts through Put option.
Buy Bajaj Finance Ltd CMP 129.00 Range 125-130 SL 70 Target 240
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