TradingView
Chartist_micro
Jun 13, 2020 8:36 AM

BAJAJ Finance View 

NSE:BAJFINANCE1D
BAJAJ FINANCE LTDNSE

Description

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- Currently, BajajFinance is trending between Weekly Resistance & Weekly Support.
- Waiting for it to break the daily resistance and candle close above to take a long position for target Weekly Resistance Level.

- Candle close above weekly resistance, can lead this rally towards 0.5-0.618 FIB level.

Trade closed manually

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Will close the trade on market open its good move.
Trend AnalysisChart PatternsTechnical Indicatorsbajajfinance
Comments
ravic1707
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Too technical for me.. how do I understand these and decide what I should do please?
skhebbar1
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@ravic1707,
Chartist_micro
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@ravic1707, All you need to do is copy the levels over your charts.
Draw the daily resistance line and wait for price action.

Once a candle close above the daily resistance than take a long entry and target the weekly resistance.
siddharthnegi496
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@Chartist_micro, which levels you are talking about?
Chartist_micro
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@siddharthnegi496, 2565 Daily resistance
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