Arun_000

BAJAJ FINANCE LTD - SHARP PULLBACK

NSE:BAJFINANCE   BAJAJ FINANCE LTD
NSE:BAJFINANCE

  • OVERALL TREAND - STRONG BULLISH
  • ON 19TH NOV,AFTER WIDE RANGE OPENING BULLISH CANDLE,PRICE STRUGGLED TO MOVE HIGHER AND VOLUME ALSO ON DECLINING SIDE
  • AFTER WHICH SHARP DOWN MOVEMENT HAPPENED WITH WIDE RANGE BEARISH CANDLES ON HIGH VOLUME
  • TODAY WE CAN SEE EITHER,
    >>>>>>>PRICE TEST RESISTANCE LEVELS 4652-4678 AND THEN MOVE DOWN TO SUPPORT LEVELS 4435-4411, CONSOLIDATING THERE FOR SOME TIME BEFORE MOVING HIGHER
    (OR)
    >>>>>>>PRICE CONSOLIDATE BETWEEN 4483-4590,AND THEN MOVE HIGHER