BAJAJ FINANCE SHARE HOLD OR SELL
Bajaj Finance Stock/Company posted a 3.8K Crore net profit for the latest quarter, which was up by 21% year on year basis, still, Bajaj Finance share crashed.
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| BAJAJ FINANCE SHARE HOLD OR SELL |
Since it is a fundamentally strong company and the results are not too bad, it can be considered good.
SO WHY DID BAJAJ FINANCE SHARE FALL?
What happened is that the results missed the estimates which is why the Stock Market did not appreciate its performance and Bajaj Finance fell aggressively.
BAJAJ FINANCE STOCK MY VIEW:
Discussing all the levels of Bajaj Finance stock on a technical analysis basis:
Personally, I have raised a little quantity at 6700 and if it goes down from here, I will buy more around 6000 and if it falls more I will average it around 5300. Now this level may be called an abusive level, it may never come but still, I am prepared for 4700.
So I will be buying Bajaj Finance Stock at these levels in small quantities and I will keep it for the long term like 3-5 years.
DISCLAIMER: These posts are only for education and learning purposes, not any advice or tips. Do Consult your financial advisor before making trades or investment decisions.
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