padiyaraa

BAJFINANCE:1678 showing a support around 1640

NSE:BAJFINANCE   BAJAJ FINANCE LTD
198 5 12
BAJFINANCE:1678 (Hourly chart: symmetrical triangle) we are in n a correction now,
showing a support around 1640.

On the other hand if it is forming a flag next support is near 1520.
(see the weekly chart)
snapshot

Comment: @fayazarif, :D 1665 can also support, showing the hammer bottom with small arrow. but it is a weak support.
I am expecting a divergence here in hourly chart like the price moving down to 1640 and the indicators remain stable, as projected below. It is a hypothetical view only.
snapshot
Comment: wow, that looks fine
amazing sir!!! very well explained & updated!! keep rocking!!!
Reply
padiyaraa jipatel
@jipatel, thank you
Reply
1665 looks like a good support, i feel like it will go down to 1625,1600 levels once it breaks 1665. Correct me if I am wrong!
Reply
padiyaraa fayazarif
@fayazarif, @fayazarif, :D 1665 can also support, showing the hammer bottom with small arrow. but it is a weak support.

I am expecting a divergence here in hourly chart like the price moving down to 1640 and the indicators remain stable,
as projected below. It is a hypothetical view only.
snapshot

Reply
nages.rao2011 padiyaraa
@padiyaraa, It will go to 1520 be sure
Reply
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