LONG TERM TECHNICAL IDEAs

SECTORIAL UPDATE

NIFTY FINANCIAL SERVICES (CMP: 11091):

Nifty Financial Services has Resistance at 11638 than 12362, while Nifty Financial Services has Support at 10908 than 9549. Nifty Financial Services is expected to rally through the resistance and reach 12579 levels.

STOCK UPDATE

BAJAJ FINANCE (CMP: 3314):

Bajaj Finance has increased from its March lows 1783 to current market price 3314, giving its investors a stunning return of 85% and beating its sectorial index which increased only 39% from its March lows. Bajaj Finance is showing signs and has the potential to continue this rally with the target of 3725 (↑12%) and 4253 (↑28%).


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