Stock Radar: This BSE Sensex stock forms double bottom above 1,500; bounces back to reclaim 200-DMA – time to buy?

Bajaj Finserv Ltd stock has rebounded from Rs 1,500 levels and reclaimed the 200-DMA. Traders can consider buying this stock for a target of Rs 1,850-1,900. The stock formed a Double Bottom pattern and closed at Rs 1,712 on January 14, 2025. It shows significant buying interest and strong trading volumes.