Bajaj finance in triangle formation.

Bajaj finance has been trading in the in triangle formation.

On a daily time frame analysis, there is a bearish moving average divergence.

The stock has been taking support on its 20 ema on hourly time frame.

The markets are volatile. So, wait for the price action and a break out of the triangle.

Support :- 5753, 5655
Resistance :- 5900, 6000, 6120

Wait and watch for the price action for the confirmation.
Stock can retest it 20 ema on daily time frame.

The trade can be a swing and intraday trade.