TradingView
Traderanit
May 23, 2020 1:58 PM

Bajajfinsv approaching towards its Monthly Support Short

BAJAJ FINSERV LTDNSE

Description

Bajajfinsv is moving towards its strong support zone at 4022.75 on a monthly chart. One shouldn't take any decision till the time stock trades between 5531.30 & 4022 as we might see stock trading into this zone in a zigzag manner for a long time. All the price mentioned is on a closing price basis on a Monthly chart. Swing traders can take a long side once it hits the support line & then RSI 15 crosses over 40 again on a monthly chart.
NSE:BAJAJFINSV

Comment

Today it made a low of 4052. Remember the 4022 level, it is very crucial.
More