mytradeabc

Swing Long BAJAJELEC , entry level- 373. Target 440

Long
NSE:BAJAJELEC   BAJAJ ELECTRICALS
On MTF price has test the previous swing high at 343, the level which appeared as strong support and close HH. Moreover it breaches the .618 fib level . Let wait for pull back the price near 373 for suitable entry. On DTF volume has also increased to breach the crucial level at 363 appx. SL can be place near 338.7 for a target of 440.