PNB Housing Finance (Weekly):
-PNB Housing Finance is currently trading near falling trendline
-There is a buildup/ tight consolidation near trendline
-RSI is also consolidating in Daily Time Frame
-Trade after Breakout of this congestion
Can go long above closing of 600 levels on daily TF
This analysis is just for educational purpose.
Currently trading at 14% discount from all time high levels.
Bajaj Finance (TF=W):
1. Constantly taking support and respecting 50 DEMA (except the COVID times)
2. Taking support at Rising Trendline
3. NCO of 5,13 DEMA
4. Taking horizontal support at 6680 levels
Bajaj Finance (TF=D):
1. Currently at 200 DEMA support.
2. At major demand zone of 6680 levels