BajFinance Preparing to Move outside Down Trend channel
Updated
Hi Swing /Long Trader,
BajFinance looking good for Long above breakout from Down trend channel for Target of Rs 3745.
*RSI [Making Higher High] & MACD indicate Bullish momentum as per chart.
*Stock is consolidating near 200 SMA for past few days.
*At Rs 2885 Stock is at important support of combination of 200 DMA & Support line.Below this support breakdown will be free fall.
BajFinance looking good for Long above breakout from Down trend channel for Target of Rs 3745.
- BajFinance Preparing to Move outside Down Trend channel .
*RSI [Making Higher High] & MACD indicate Bullish momentum as per chart.
*Stock is consolidating near 200 SMA for past few days.
*At Rs 2885 Stock is at important support of combination of 200 DMA & Support line.Below this support breakdown will be free fall.
Trade active
Breakout from Downtrend channel happen, now more upside is possible in coming days
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