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chakraveer1104

BAJAJ HOLDING : OPPORTUNITY TO GET INTO A NEW TREND

Long
BAJAJ HLDG & INVES (NSE:BAJAJHLDNG)  
chakraveer1104 Updated   
NSE:BAJAJHLDNG   BAJAJ HLDG & INVES
Technical Indicators Wave Analysis Chart Patterns
4
2
indicator waveanalysis chartpattern
BAJAJ HOLDING seems to be getting into a new trend as shown in the chart followed by a Pennant Breakout. The CMP is 7177 with SL is 6800 for an expected target as per pennant break our theory is 9300. RSI and MACD technical indicators both are in favor of this trend and the SL is already being tested twice. Hence a golden opportunity to get into a new trend with trailing stop loss strategy to the target of 9300.00

Please get into real trade only at your risk as this study is only for educational purpose and is not a tip to buy or sell a stock. Thank you !!!
Comment:
Rise of 3.12 % with volume indicates the new trend into play
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