Bajaj Finserv Ltd. Moving in a RANGEBOUND CHANNEL!!

Bajaj Finserv Ltd.

The stock is trading in a narrow range.

The Technical Indicators are mild bearish.
RSI is heading down.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***

I am expecting the prices to move down the channel.

However, if price trades above narrow 5540 next resistance is 6581 and support is 3985 on Daily chart.

KEEP AN EYE!!
#tradingedge_academy #SMTA_institute

***this is my personal view. Please take advice from your financial advisor before investing.