Stock of the day : Bajaj Finserv Ltd For Target Rs. 1990 - Religare Broking

Bajaj Finserv Ltd
Buy HDFC Bank Ltd CMP 1894.15 Range 1890-1895 SL 1840 Target 1990
* The stock has been gradually inching higher following its breakout from a multi-year corrective phase.
* It has formed a bullish pennant pattern suggesting continuation of uptrend.
* The stock has formed a fresh buying pivot while rebounding from its short term moving average.
* Traders can consider long in the mentioned range.
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