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Bajaj Finserv DoubleBottom RSIDivergence
BAJAJ FINSERV LTD.
Long
Bajaj Finserv DoubleBottom RSIDivergence
By vt_trader
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Updated
Jul 5, 2023
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Mar 22, 2023
Bajaj Finserv has formed a Double Bottom pattern, while RSI is making higher lows which is clear sign of RSI Bullish Divergence.
Entry:
We can go long on open of next candle.
Stoploss: (Never trade without a stoploss)
We can keep stoploss below the double bottom support zone.
Target:
We can keep the Target 1 & Target 2 near the next resistance zones as marked on chart.
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May 11, 2023
Trade active
Target 1 Archived
Jul 5, 2023
Trade closed: target reached
Target 2 Archived
bajaj
bajajfinance
bajajfinserv
BAJAJFINSV
Chart Patterns
Double Bottom
Harmonic Patterns
niftytrend
rsi_divergence
support
supportandresistancezones
Trend Analysis
vt_trader
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