Neel30

New trend setting up

Long
NSE:BAJAJCON   BAJAJ CONSUMER
9 week flat base. consolidation BO
prior trend is not that strong - only 70% up form low.
weekly action is tight with quiet volume followed by BO on high volume .
100 wma and horizontal S/R at around 230. so that may act as resistance.

Comments

ITS WORK AFTER RS.213 CLOSE ADN GO HIGH
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Neel30 vimalkakkad74
@vimalkakkad74, it already broke out of flat base. thats the pivot. there are more chances of retest/pullback to bo point in flat bases compared to others. more late for entry more screwed is the RR.
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