johntradingwick

Bajaj Electricals - May soon reverse

Long
NSE:BAJAJELEC   BAJAJ ELECTRICALS
Key Highlights:

1. Bounced off from the previous support level.
2. Sellers unable to push the price below the psychological level of 1000.
3. Some increase in volume.
4. Continuous Bullish divergence.
5. Look for pullbacks on lower time frames and enter accordingly.
6. Good movement expected on closing above 1100.

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

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