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padiyara

BAJFINANCE:1678 showing a support around 1640

BAJAJ FINANCE LTD (NSE:BAJFINANCE)  
padiyara Updated   
NSE:BAJFINANCE   BAJAJ FINANCE LTD
Trend Analysis
14
5
trendanalysis
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
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