Bajaj Finserv's stock has fallen over 20% from its September highs, but a recent breakout from a rounding bottom pattern suggests more upside. The stock could potentially reach its 200-day moving average at Rs 1,512, and a close above that could take the stock to Rs 1,770-1,920 in the next three months, according to experts. The stock is currently trading above most crucial short-term moving averages but is near overbought levels and may show a pullback soon. The ADX is above the 20 point mark, indicating a strong trend and potential support at the 20 and 60 SMA levels.
