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M92_S
Mar 11, 2023 10:07 AM

Bounce in Bajaj HLDG & INV ? Long

BAJAJ HLDG & INVESNSE

Description

* Bajaj HLDG approaching 200 EMA (5855.30) on Daily time frame

* Monthly RSI above 60
* Daily RSI approaching 40 ( currently at 48)

* Trendline support from 6-7 months

* Entry on positive candle with confirmation

- Looks bearish as of right now but with positive market and positive price action with confirmation on Daily/Hourly time frame would give a good R:R
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