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Kundan Motwani

20th Jul · SEBI-Registered Analyst

Bajaj Finance (BAJFINANCE) remains technically bullish $BAJFINANCE

Bajaj Finance (BAJFINANCE) remains technically bullish. The stock closed at ₹1,063.95 (up ~0.8%) and outperformed the broader market on higher-than-average volumes, indicating continued buying interest. Technical View Trend: Bullish Pattern: Breakout after consolidation with strong volume confirmation. Momentum: Positive; buyers defended intraday dips and the stock closed near the upper end of the day's range. Trading Levels for 21 July Buy Above: ₹1,068 Aggressive Buy: Above ₹1,075 with strong volume Targets: ₹1,090 / ₹1,110 Stop Loss: ₹1,040 (closing basis) Key Levels Immediate Support: ₹1,045–1,050 Major Support: ₹1,020 Resistance: ₹1,078, then ₹1,100–1,110 Verdict Swing Trading: ✅ Buy on breakout above ₹1,068. Intraday: Buy only if the stock sustains above the first 15-minute high with strong volume. Probability of achieving ₹1,100 in the next 5–10 trading sessions: 70–75%, provided the Nifty remains above its key support and the financial sector continues to outperform

#Post-ClosingCommentary#TechnicalViews#WatchOutFor#Today’sTradingSetup
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