vt_trader

Bajaj Finserv DoubleBottom RSIDivergence

Long
vt_trader Updated   
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
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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Trade active:
Target 1 Archived
Trade closed: target reached:
Target 2 Archived

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