TradingView
neostockmatrix
Apr 26, 2022 1:27 PM

Bajaj Finance - Short Term Buy  Long

BAJAJ FINANCE LTDNSE

Description

Hi,
This is a daily chart. The chart looks promising, probably the last push from the BajajFinance.
Can buy above 7263.50, with a SL of 7096 and target of 8000.
The RR is around 1:4.
Currently, the Daily MACD is giving a very good buy signal and above todays high it will be a confirmed buy.
Also weekly Macd is also giving a buy...so double bonus.
RSI is also above 50, so above todays high it can go to higher levels easily.
Seems momentum is there.

Disc : Educational Purpose only.

Neo

Order cancelled

It could not go above said levels....but instead crashed.
Trade not active is probably cash saved.
More