Rasika_S_Patel

BAJAJELEC - Buy ABOVE 552 / Target 583 / Stop Loss 536

Long
NSE:BAJAJELEC   BAJAJ ELECTRICALS
BAJAJELEC - Buy ABOVE 552 / Target 583 / Stop Loss 536

Comments

S1 will Act as resistance. Let us see the result
+1 Reply
Rasika_S_Patel s.biswas1956
@s.biswas1956, You are right. Hence waiting to go long only after the breakout.
The bullish bias is only because of the bullish divergence and a close above 20 SMA. A breakout above 552 will reinforce the belief.

Thanks,
Rasika
Reply
s.biswas1956 Rasika_S_Patel
+1 Reply
s.biswas1956 s.biswas1956
@s.biswas1956
You are absolutely right. Thanks for illustrative suggestions
+1 Reply
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