“Is Bajaj Finance Entering a New 2011–2020 Style Rally?”
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“Is Bajaj Finance Entering a New 2011–2020 Style Rally?”
Bajaj Finance is showing signs of completing retracements above the MAST indicator with PCR confirmation on the #VGM setup.
After nearly 5 years of a relative flat period, the stock looks ready to take off again—similar to the 2011–2020 high-fly phase.
Price-based established counts project targets of 1070 and 1316, well above the CMP of 968.
Strategy: Deploy 50% on CR and 50% on DTB, with DBS as SL for risk management.
Business Insight: Bajaj Finance continues to strengthen its dominance in consumer and SME lending, while scaling up its digital ecosystem through the Bajaj Finserv app. With diversification across personal loans, EMI financing, and co-branded credit cards, the company is well-positioned to benefit from India’s expanding credit cycle and rising consumption demand.
Nishesh Jani,CFTe
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