SIGNAL2NOISE CAPITAL PARTNERS 2015

Value Guard Signal Package

~1-2 Techno Funda Calls/Month

Date: June 2016 | Bajaj Finserv – BUY

Accumulation Range: 2160-2200 |

Stop Loss: Rs 1560 ( On Closing Basis ) | Target 4320 |

Risk = ~25% ; Reward = 100%

Technical View
Bajaj Finserv Traded in a 40% band of 1560-2160 for almost a year. The breakouts which occur post long
consolidations are the most reliable as well as powerful. The Stock broke out from this range in April
2016 with high volumes. Bajaj Finserv falls under the financials category, which is the strongest sector
and possibly the leader of the current Bull Market that we are witnessing. Because of these reasons, we
believe that the stock could easily double in the years to come and have a buy recommendation with
the target price of 4320.

- Team S2N