piyushrawtani

BAJAJFINSERV Resistance Breakout And Retest

Long
piyushrawtani Updated   
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Bajaj Fin Serv has broken out of a key level in daily timeframe .
On hourly , it has formed an engulfing pattern .
Can go long at current price.
Levels mentioned in charts .
Trade active
Comment:
Revising S / L to 5635
Comment:
5600 - 5635 .
Back at the support level again .
Can go long at current levels of 5500 - 5600 only after spotting a reversal candle.
Target of 5750 / 5900 looks good as long as the support level is not broken .
Trade closed manually
Comment:
Touched expected T 1 of 5750 before reversing .

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