Mambotrade

Bajaj finserv trade setup

Long
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Bajaj finserv is good for swing trading. It has formed and bullish engulfing pattern on daily time frame.

The stock has retested the previous trend line and is near the resistance level of 16570.

If the stock cross the level with volume confirmation, it can move up to the level of 18000.

Bajajfinserv will give a good move on long side.

Target :- 18000, 18500.

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