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.
Comment:
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.