bajaj finserv looks bullish

Jul 14, 2017

in daily, price broke out of congestion area with good volume,

also price broke out of horizontal resistance with good volume and BB is expanding .

sl - 4265, 1st tgt - 4630, once price goes to all time high , it ll be quite bullish

Jul 19, 2017

Trade active

going good, till now 4564.5

Jul 20, 2017

Trade active

going good, till now 4679.3

Jul 21, 2017

Trade active

big move today, 1st target already achieved, and now it crossed the previous peak and closed at all time high, with high volume, one should hold it with trailing sl.

Jul 30, 2017

Trade closed manually

in weekly, shooting star is formed, also there is a probability of regular bearish divergence, so its better to close the position and book the profit. total gain 11.8%

Aug 25, 2017

Note

once a trend is established, it tends to continue the existing trend, unless there is a strong sign of reversal.

here uptrend is still on progress, candles are riding the upper BB and BB is expanding.