Expecting Bajaj finance to touch 2500 tommorow.
Positive Divergence,
Bullish Flag in Candles
Great Results,
Buy 2 lots, Exit one lot at 2495 and add it again if it crosses 2505 and stay long, can expect 2700 by the end of this week if things remain bullish
BAJFINANCE is showing strength on 4 hrs chart. One can initiate a long call above 2385 with stop loss of 2150 for target of 2670 in coming weeks.
This trade is only for bounce back otherwise overall market sentiment is very weak and I expect further fall in the market in coming months.
disclaimer: Ideas shared here are only for educational purpose. It is no...
Bajaj Finance need to defend 1965; bulls were trying to breach this level since September 2017 and which was finally breached on May 2018 to move on the higher side (approx 3000). If 1965 is broken on the lower side we can see 1760 to 1500 levels. Educational purpose, please do your own analysis before investing.
Bajaj finance has become weak on weekly and monthly chart and has broken very important level of 2325. Now as long as it is below 2325 it has full potential to go to the level of 1900 in coming days. And below 1900 it can see levels of 1600 in coming months. So trading strategy should be to sell on every rise below 2325 with stoploss of 2350. Above 2350 it will be...
Regular Flag in the making and yet to breakout. We may like to wait. Price at the support zone of Pitchfork. We enter a long trade with SL only when breakout happens.
Bullish Regular Flag pattern about to breakout. See how price move sharply from the support line of Pitchfork and retracing from the resistance line. Then again price is negotiating with the support line of Pitchfork. A breakout, if that happens, will be a sharp one and price may see the resistance and also above it. SL is a must. Disc: Trade at personal risk.
