Bajaj Finance Long Idea
Bajaj Finance on hourly has a strong demand zone of 6150 area where it has closed yesterday.
It had stopped the bears badly by breaking down from that area and not giving follow through leading to a 200pt rally from that drop to around 6050.
After that 200point move the price has come back to retest 6150 with 50point stop on closing basis I think one should go long on Bajaj Finance with a target of T1- 6350 T2-6550.
It had stopped the bears badly by breaking down from that area and not giving follow through leading to a 200pt rally from that drop to around 6050.
After that 200point move the price has come back to retest 6150 with 50point stop on closing basis I think one should go long on Bajaj Finance with a target of T1- 6350 T2-6550.
Trade active
T-1 is done. Pending T2 trail at T-1.Trade closed: target reached
Closed tgt reached
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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.