mehul1974

Bajaj Fin Serv - Retracement and Reversal

NSE:BAJAJFINSV   BAJAJ FINSERV LTD
1. No Retracement: Buy on Green. Sell on Red.
2. Single Level Retracement: Buy on Green. Sell on Red.
are Retracement of an UpTrend and are Retracement of a DownTrend.
is Reversal from DownTrend to UpTrend and is Reversal from UpTrend to DownTrend.
3. Multiple Level Retracement: Buy on Green. Sell on Red.
For High risk Traders:
In an UpTrend Light Green is an Early Sell.
In a DownTrend Light Green is an Early Buy.

Retracement and Reversal Visual Indicator "Never Predicts". It indicates the following:
1. "Is Rising" (Greens)
2. "Is Falling" (Reds)
3. "Is Retracing in an UpTrend or DownTrend" (Grays)
4. "Is Reversing after a UpTrend or DownTrend" (Green-Gray-Red or Red-Gray-Green)

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