Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Bajaj Finance: Morning trade recommendation analysis
BAJAJ FINANCE LTD
Bajaj Finance: Morning trade recommendation analysis
By indiamarketoutlook
Follow
Follow
Jun 24, 2020
7
3
3
Jun 24, 2020
Bajaj Finance was recommended as a short candidate in morning
The pattern we observed in morning 5 minute candlestick chart is called
Bearish Dark Cloud Cover
. ...
If you translate that in Hindi,
"Kaale Baadal Chha Gaye hai"
;-)
The dialogue says it all, what to expect next, isn't it.??
The dialogue is used to depict not so good things to expect. So In Market what is not so good thing to expect...???
The answer is simple, it means the stock is poised to fall, and that is precisely what we have seen today and made the most from it...
So when ever you see this pattern, remember it is a sign to be cautious...
Do not just follow but learn from it as well...!!!
Happy learning...!!!
bajaj
bajajfinance
Candlestick Analysis
Chart Patterns
tradingview
Trend Analysis
indiamarketoutlook
Follow
Also on:
Related publications
HPCL: How Technical Analysis helped us capture a 7.5% movement
by indiamarketoutlook
ICICI PRU LIFE: Chart set up & strategy
by indiamarketoutlook
Nifty: Chart set up & strategy for 30 July expiry
by indiamarketoutlook
Bajaj Finance: Chart setup & strategy
by indiamarketoutlook
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.