#BajajFinance

Chart which has closely mimicked the Nifty move since the start of October'21 correction, has made a higher swing high yesterday.

Nifty is yet to make higher swing high, but still looks promising.

More from Mayank Narula

I did this comparison between Aarti Drugs and Tata Elxsi back in Oct when Tata Elxsi was at 1200-1300. Now it is 4200+.

Here is one more stock displaying similar characteristics: Mayur Uniquoters.


#MayurUniq

Coming out of 7 years consolidation.

Weekly and monthly RSI crossing over 70.

Can it do what Aarti Drugs and Tata Elxsi did in last 1 year?


#MayurUniq

Monthly RSI crossed over 70 in Sep'09 and stayed till Sep'11.

Stock did 5x in that time.

More from Bajajfinancelongterm

You May Also Like