Buy Bajaj Finance, target Rs 1,780: Vaishali Parekh

Vaishali Parekh of Prabhudas Lilladher has a buy call on Bajaj Finance with a target price of Rs 1,780.

The current market price of Bajaj Finance is Rs 1,657.75.

Time period given by the analyst is one month when Bajaj Finance price can reach defined target.

Vaishali Parekh recommended to keep a stop loss at Rs 1,610.

The stock has been maintaining a strong base at around 1,600 levels and has shown a positive bias with potential and strength to rise further in the coming days. The stock may have a good run once it gives a breakout above the 200 DMA which lies at around 1,670 levels.