Bajaj Finance - Next target is 8000
Updated
Bajaj finance is under accumulation phase and the price is trading under strong support area. This phase has continued for the last 33 days.
Presently, in daily timeframe, there is a triangle pattern formed within the phase.
It is expected that the price will be breaking the pattern towards upside in another 2 or 3 trading sessions(between Sept 19, 20 & 21).
Hence, the predicted next target is 8000.
Presently, in daily timeframe, there is a triangle pattern formed within the phase.
It is expected that the price will be breaking the pattern towards upside in another 2 or 3 trading sessions(between Sept 19, 20 & 21).
Hence, the predicted next target is 8000.
Note
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
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