Stock of the day : Bajaj Finance Ltd. For Target Rs.320 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Bajaj Finance Ltd
* BAJFINANCE has been underperforming the benchmark index and trading with the corrective bias for over 6 months.
* It has witnessed a decisive breakdown from the bearish flag pattern indicates bearish tone to continue.
* It failed to hold above the short term moving average i.e. 20 DEMA and now resuming its prior trend.
* We thus recommend creating shorts through the Put option
Buy Bajaj Finance Ltd CMP 224.75 Range 225-230 SL 185; Target 320
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
