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Stock Radar: Range breakout can prompt this NBFC stock to top Rs 8,000 levels. Should you buy?
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Non-banking financial company Bajaj Finance rose over 20% in the last 3 months to hit a fresh 52-week high earlier this month, but failed to hold on to the momentum.The stock found support above the 20-DMA on the daily charts and moved in a narrow range.
On the upside, resistance was seen at Rs 7,554 and on the downside, support was above Rs 7,400 levels.The stock gave a breakout from the said range last week and the chart structure suggests
. Read more on economictimes.indiatimes.comAbout this in other media
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