Bajaj Finserve CMP-1871
Stock seems to be coming out of congestion zone of last 3 years (long term wave 4).
If it is start of the wave 5 , can it go to 5000 (upper end of parralel channel and following the EW principle of equality -wave 5=wave 1)
Let’s keep in consideration that montly chart targets take 1-3 years to play out fully (if they play out).
Monthly Chart
Disclaimer : Views are personal. No buy/sell recommendations. The projection is based on our technical -probability study methods and chances of success/failure depend upon various factors.
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