#BAJAJFINSV broke out of a rounding bottom pattern
Clear hidden bullish RSI divergence is visible
RSI & MACD are bullish
If it sustains above 18800, it may rally towards 20500
#nifty #stocks #nbfc
Not trading call, academic post
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Just an info.
Bajaj allianz general insurance is the second largest in pvt and most profitable
General insurer (even profitable than lombard)
Bajaj fjnserv owns 74% in it.
Growth in bajaj finserv is just beginning
Bajaj allianz general insurance is the second largest in pvt and most profitable
General insurer (even profitable than lombard)
Bajaj fjnserv owns 74% in it.
Growth in bajaj finserv is just beginning
Madras High Court Rules Making Bumper-To-Bumper Insurance Mandatory For New Vehicles, @YashJain88 reports
— Sonia Shenoy (@_soniashenoy) August 27, 2021
negative for auto companies
demand could get hit, prices to rise
historically, implementation of mandatory 3rd party insurance impacted customer sentiments in 2Ws in 2018