BULLS CONQUERING BAJAJAUTO ?!!!!

Nov 28, 2022

Chart Patterns insist me the above titled opinion.

Reasons:

1.Inverted Heads & Shoulders pattern in both Weekly and Daily time frame.
2.Major Trendline(Purple) supporting from March 2020 till now.(taking support now)
3.Triangular pattern waiting for a breakout.(probability more)

Targets and SL levels(less risk) mentioned @ Chart.
Better to go with closing price of daily candles for SL.

Entry can be now or after a daily candle bullish breakout above the yellow trendline.

Weekly candle closing below the purple major tendline would favour the bears .

Let's see how it pans out!!!!

Note: Just sharing my view....not a tip nor advice!!!

Nov 30, 2022

Note

Perfect breakout out of that yellow trendline....

Dec 16, 2022

Trade closed: stop reached

MAJOR trendline support broken....weekly close below the trendline....time to
short??? but volume seems to be the problem for breakdown... let's wait and watch!!!

Jan 5, 2023

Note

Bulls fighting hard(GOOD VOLUMES)!!!
Close below 3460 paves way for the Bears...
Close Above 3800 - it's going to be Bulls march!!

Jan 8, 2023

Note

Looks like a DOUBLE BOTTOM!! in Weekly timeframe.(Low & Higher low too formed)
This Week candle may be the decider!!!

Jan 27, 2023

Note

bulls magic!!!

Apr 11, 2023

Note

Previous weekly candle - Breakout candle
Now, Higher high formed!!!!
Bulls conquered!!!