BAJAJ FINSERV STOCK ANALYSIS CHART PATTERN AND IMPORTANT LEVELS TO WATCH

After forming an uptrend, the stock price of

started consolidating, forming a sideways pattern with a support level of 2035 and a resistance level of 2135 Also, the stock price has formed a rounding top chart pattern A rounding top is a price pattern used in technical analysis. It is identified by daily price movements, particularly the tops, which form a downward-sloping curve when graphed. Today, the support breakout is seen Now the price may take support from the 50 exponential moving average But if it closes below the 50 exponential moving average Then the price may touch the lower band of the Bollinger band and move towards the 200 moving average