Sell Bajaj Finance @ 3251, T - 3130, T2 - 2800, SL - 3350

Hey, is it not likely that there could be a positive breakout from the descending triangle formation?

@Priyanshu_Upadhyay, Possible till it break below 200EMA with strong candle in daily charts. 200EMA is providing support around 3150 levels.
But upside is capped, in daily charts there was a Bearish Engulfing pattern on 21/07 & resistance at 200SMA which caps the upward movement at 3450 levels.

@sureshk05 Thanks for answering 😁 always learning something new 🙌