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Podcast | Today's Pick: Bajaj Finserv

| Updated on November 04, 2019 Published on November 04, 2019

We recommend a buy in the stock of Bajaj Finserv at the current levels of Rs 8,706.6.

The stock, that has been in a strong bull run since the beginning of the year, faced a correction in the month of July and subsequently fell to ₹6,631. Weakness continued through the first half of the month of September and declined further to a low of ₹6,581.

 Hence, traders with short-term and medium-term perspective can initiate long positions with stop-loss at ₹8,450. Potential targets are at ₹9,200 for the short-term and ₹9,600 for the medium-term.

 Investors with a short term perspective can buy the stock of Bajaj Finserv.

Published on November 04, 2019