BAJAJ FINANCE LTD

Bajaj Finance (₹6,720): Key Levels, EMA Insights & Post-Election

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**Title**: 🚀 BAJFINANCE (₹6,720): Will the Maharashtra Election Boost Push It Past Resistance?

**Overview**:
- **Current Price**: ₹6,720
- **Daily Chart**: Positive momentum 📈 suggests short-term strength.
- **Weekly Chart**: Weak 📉, cautious tone for broader trends.
- **Election Impact**: Positive Maharashtra election results could spark renewed interest.

### **Key Levels to Watch**:
- **Support**: ₹6,716, ₹6,615, ₹6,527, ₹6,450 (ideal buy zones).
- **Resistance**: ₹6,787, ₹6,895, ₹6,917, ₹6,997 (potential sell-on-rise areas).

### **EMA Levels**:
- **10 EMA**: ₹6,592 (short-term support, watch for dips here).
- **21 EMA**: ₹6,588
- **50 EMA**: ₹6,658
- **150 EMA**: ₹6,862
- **200 EMA**: ₹6,917 (long-term hurdle).

### **What to Expect**:
- **Short-Term**: A breakout above ₹6,787 could signal bullish momentum toward ₹6,917–₹6,997.
- **Medium-Term**: A close above ₹6,917 (200 EMA) could mark a trend shift.
- **Buy-on-Dips**: Look for buying opportunities near ₹6,527–₹6,615.


**Strategy**:
- **Traders**: Play for breakout near ₹6,787, but be cautious at ₹6,917–₹6,997 where profit booking may occur.
- **Investors**: Use dips as accumulation opportunities for long-term gains.


**Disclaimer**: I am not a SEBI-registered advisor. This analysis is for informational purposes only. Please consult with a SEBI-registered professional before trading or investing.

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