BAJFINANCE CHANNEL IN 1HR
BAJFINANCE is currently trading in a channel in 1hr timeframe. It is testing the support of the channel for the 5th time. There are chances for BAJFINANCE to breakdown the channel ( not 100% guaranteed ) and take support around the horizontal lines which are placed around 4500-4650. If there is a breakdown confirmation alongwith volumes then you can SHORT FUTURES or else wait for it to show reversal signs near support and plan for positional trades.
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.