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SudharsanG

BAJAJ FINSERV - MULTIYEAR CHANNEL AHEAD

BAJAJ FINSERV LTD (NSE:BAJAJFINSV)  
SudharsanG  
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Trend Analysis Chart Patterns breakout breakouttrading
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trendanalysis chartpattern breakout breakouttrading
As you see in the weekly chart, the price is always respecting the multi year channel. Once it hit the channel end, the price get pulled back towards the other end of the channel.

Now, again it is nearing the upper end of the channel, we have to wait whether it is breaking the trend line or getting pushed towards downside of the channel.
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