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Neel30

New trend setting up

Long
BAJAJ CONSUMER (NSE:BAJAJCON)  
Neel30  
NSE:BAJAJCON   BAJAJ CONSUMER
Support and Resistance Rectangle Multiple Time Frame Analysis flatpattern flatbase breakouttrading consolidation-breakout
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supportandresistance rectangle mtfa flatpattern flatbase breakouttrading consolidation-breakout
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.

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