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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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.