prakashgp

Will it complete symmetry before continuing up trend ?

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NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
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It got strongly rejected from 100 MA on weekly and closed below it. Also it is same level where price previously got rejected.
Now, according to volume profile , Point of Control is at 2682. This is the price at which volume of trades happened is highest in visible range
If the price come back to this level, it would complete the symmetry of the pattern and provide perfect long opportunity.

But it isn't necessarily mean that it would come back to that level. It may continue uptrend if it can close above resistance levels mentioned at the beginning
Now here is an important point to remember, listen carefully: It took me 3 years to gain proper trading knowledge, and few minutes of my day to post this idea. So please show your appreciation by liking this idea and following me for more updates like t

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