I will go LONG on BAJAJFINSV because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone .
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