Bajaj Finance is in a very crucial stage. Most likely tomorrow it shall open gap down, and there are two cases for this. 1st Case - The Both red lines marked will act very crucial for BAJFIN. Any close above or below may set a new trend 2nd Case - Common Gaps are filled quickly so dont keep any short positions for a long time, rather buy at low levels for a long term perspective. If it falls at that level then most likely to move sideways, but must break with volume if it does fall Sell at 2070 with SL 2090 with targets of 2055, 2045 and 2035. Follow levels. Below 1906, it can slide of easily but we can expect a NON Rejection of price there.
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Gapdown done! Targets have been auto done, wait for near support and see magic
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2071 is the strong support,may hover around and a break through is what we need and we are done for the day. A closing above 2127 is likely impossible, but we will be at our levels
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Our targets have been achieved due to gapdown. wait for fresh position
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Movement was highly unprecedented,closing above 2210 can do wonders, and below that would make it fall to the level marked. Trade not initated
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Approaching 2210 and closing above will reverse the trend
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Didn't break the line, hence be assured to get a good fall
Hi sir, I have bought 100 shares of Bajaj finance at average of 2150. Should I exit now or should wait. I can't add any more.
nbisgreaTrading
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@brijendhanani, I will not say u to exit cuz it will be loss and u can expect iit to go more down. 100qt seems impressive but I will expect you to keep till 2590 levels. If possible add 5more from below! can do wonders
Pranayjain9111
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Its closing below 2210
nbisgreaTrading
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@Pranajain911, Yes, means that levels are likely trapped by sellers and we can see a next downfall
Pranayjain9111
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@nbisgreat, So at what levels to short?
nbisgreaTrading
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@Pranajain911, please refer to my new analysis
jayeshuc
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Hi. I have 12 shares at 2283/- what should I do.. how much time it wl take to go above...
nbisgreaTrading
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@jayeshuc, hi JAYESH. It will face a short term downtrend. Ill recommend you to hold and accumulate more at 1900 levels
Mark1259
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Whenever such updates start appearing it is a sign that concerned stock is going to crash badly. It might never recover.