Bajajfinserv rally pending..
Good triangle pattern formed in bajajfinserve in 1D 1W 1M timeframes. About 1000days consolidation pattern. Breakout above 1600 price will lead to hurracane rally in this stock. Keep an eye. According to Fibo trend based extension Next big levels will get open in this stock till 3000. Then further extension will drag it till 4000 levels. But it may take some time too. This is long term view.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Note
Let it break 1600 and retest it. It will blast after that.Note
Still in the flag range wait for the breakout.Note
still in the accumulation zone only. ones its over, it will fly. keep adding.Note
keep a close watch. This can fire from these levels.Trade active
Taking support at lower levels. Keep an eye.Note
will remain weak only below 1650. Above 1650 it will start upmove.Note
Not able to break the upper levels. Strong only above 1650. Should close daily candle above it for further upside. Note
Still waiting to cross 1660. super bullish above it. Dnt miss. Trade active
Bajajfinserv breakout done. retest of 1680 then it will boom.
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Move started as described.
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Bajajfinsrv should take technical support at 1880 and bounce back.
Note
Only strong above 1610
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