After Consolidation in a parallel channel, BAJAJ Finserve looks ready for up move.
The stock has bounced from channel bottom and 78.6% Fibonacci Retracement Level
We also see breakout of Channel with good volume
Entry - when any hourly candle closes above 9860 (Critical Weekly Level)
Stoploss - 9440
TGT 1 - 10570 (7%)
TGT 2 - 11250 (14%)
The stock has bounced from channel bottom and 78.6% Fibonacci Retracement Level
We also see breakout of Channel with good volume
Entry - when any hourly candle closes above 9860 (Critical Weekly Level)
Stoploss - 9440
TGT 1 - 10570 (7%)
TGT 2 - 11250 (14%)
Comment:
TGT 1 and TGT 2 Achieved in 2 Days. Super Bullish chart. Book 80% profits if you have taken this Swing trade