Bajaj Healthcare Limited - Resuming the bullish journey
This stock has shown a break out after reversal from the correction on Daily Time frame. It has following attributes with strong Price action.
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Price crossing previous swing peak
The stock will be a long term bullish trend till Targets as per Fibonacci are marked.
The idea is for academic interest and not recommendation for investment
1) Price > 50 DMA
2) 50 DMA > 200 DMA and diverging
3) Daily vol > Avg 30 D Vol
4) Supertrend 14,3 Buy zone
5) ADX > 25 and rising - Momentum increasing
6) Price crossing previous swing peak
The stock will be a long term bullish trend till Targets as per Fibonacci are marked.
The idea is for academic interest and not recommendation for investment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.