WHAT TO WATCH OUT FOR
Technical Overview
Recently it made Head & Shoulder Pattern during mid Sep to Nov end, during which it touched a high of ₹ 19325 and made a neckline of ₹ 17050. It confirm the downside breakout on 23 Nov 2021 and confirms the start of downfall of stock.
Trendline merging its top with shoulder has not yet been broken.
Quality Strategy for BAJAJ FINSERV LTD
TODAY, it made clear bearing engulging candle which confirm down trend further.
Sell December future near 16000
TGT 15600-15500
Major Support @ 15400
=======
We are still trading in the range between 15600 and 16400.
Any lower or upper breakdown will decide its direction again.
=======
Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Take care, trade safe !!!
Regards
Team Moneymarine
Technical Overview
Recently it made Head & Shoulder Pattern during mid Sep to Nov end, during which it touched a high of ₹ 19325 and made a neckline of ₹ 17050. It confirm the downside breakout on 23 Nov 2021 and confirms the start of downfall of stock.
Trendline merging its top with shoulder has not yet been broken.
Quality Strategy for BAJAJ FINSERV LTD
TODAY, it made clear bearing engulging candle which confirm down trend further.
Sell December future near 16000
TGT 15600-15500
Major Support @ 15400
=======
We are still trading in the range between 15600 and 16400.
Any lower or upper breakdown will decide its direction again.
=======
Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Take care, trade safe !!!
Regards
Team Moneymarine