Stock of the day : Bajaj Finance Ltd For Target Rs. 240

2024-08-07 10:32:49 am | Source: Religare Broking

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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Stock of the day : Bajaj Finance Ltd For Target Rs. 240 - Religare Broking

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