Bajaj Finserv appears to have formed an inverted head and shoulders pattern, a bullish reversal signal, in close to its 200-day exponential moving average. To capitalize on this potential bullish trend, traders may consider initiating a long trade if the stock's daily closing price exceeds 1524. The anticipated targets for this trade lie in the range of 1600 1st target 2nd target 1660, reflecting the pattern's upside potential. This technical setup suggests the possibility of an upward price movement in the near term.
