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    Stock Radar: Sensex stock rebounds from 200-DMA on daily charts; should you buy?

    Synopsis

    The stock bounced back after retesting 200-DMA on April 19, 2024, on the daily charts, a positive sign for the bulls. It also managed to reclaim 50-DMA. The stock bounced back after retesting 200-DMA on April 19, 2024, on the daily charts, a positive sign for the bulls. It also managed to reclaim 50-DMA.

    Bajaj Finserv, part of the financial services sector, pared gains after hitting a 52-week high in December 2023, but the stock managed to find support above the 200-DMA on the daily charts and bounced back.Short-term traders with high-risk profiles can look to buy the stock on dips for a possible target above Rs 1,700 levels in the next 3-4 weeks, suggest experts.The scrip, also part of the S&P BSE Sensex, hit a 52-week high of Rs 1,741 on
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    The Economic Times