🚀 Bajaj Finance: Multi-Signal Confirmation on Fundamentally Strong Stock!

Bajaj Finance has just broken out of a multi-year consolidation zone, setting the stage for a potential Elliott Wave 5 rally—and the signals are aligning perfectly. 📊 Elliott Wave Analysis Wave 1 started post-2018 correction. Wave 2 retraced sharply during the 2020 crash. Wave 3 saw a massive impulse until late 2021. Wave 4 formed a clear sideways corrective phase from 2022 to early 2025. With a strong breakout from the rectangle range, Wave 5 is now in motion, aiming for the ₹12,000–₹13,000 zone. 📈 MACD Divergence On the monthly chart, a bullish MACD crossover has occurred after months of consolidation—indicating a fresh bullish momentum build-up. No signs of bearish divergence, strengthening the bullish case. 📉 AVWAP Insights The Anchored VWAP from the Wave 3 top (2021) acted as a dynamic resistance during consolidation. Post-breakout, price has reclaimed the AVWAP zone, which is now acting as strong support—confirming trend continuation. 🧠 Fundamental Backing ROCE consistently above 18% with healthy margin expansion. CAGR profit growth over 20% in the last 5 years, despite macro volatility. Market leader in the NBFC space with a resilient business model and diversified loan book. ✅ Conclusion With a perfect Elliott structure, bullish momentum on the MACD, support from AVWAP, and a robust fundamental base—Bajaj Finance is all set for a potential Wave 5 rally. Risk-managed entries now can lead to outsized rewards in the months ahead.