Bajaj Finance is showing good volume from last 3 days and has reversed from its low till 38% Fib ratio.
Buy above 2321 to 2325 range for 2400, 2450 and above as per Fib levels
Immediate SL = 2219 and then as per Fib levels
RR is good with second target
Lot size = 500
One may try Call Bull spread i.e. Buy 2400 CE and Short 2450 CE with Risk of Rs 8500 and Profit of Rs 16000
Breakeven 2417
Best of Luck
Buy above 2321 to 2325 range for 2400, 2450 and above as per Fib levels
Immediate SL = 2219 and then as per Fib levels
RR is good with second target
Lot size = 500
One may try Call Bull spread i.e. Buy 2400 CE and Short 2450 CE with Risk of Rs 8500 and Profit of Rs 16000
Breakeven 2417
Best of Luck
Trade active:
after hitting SL, back to similar levels
Trade active
