Bajaj Finance headed towards 1500/900 Levels.
The stock crossed a recent support zone with heavy volumes and is facing resistance on/near the trend line.
In my previous idea of bajaj finance, I published that the stock is bearish below 1870 and the stock got a pullback from that level.
Now What?
Stock will try to enter back in the support zone if volumes support it, otherwise, it will hit hard on our level of 1870 and will fall with a bang.
Why is 1870 zone Important?
The stock has a 3-year long weekly support around this zone. 1870 is the lower end of that zone. Below that its a no man's land. Stock will hardly wait to fall 300-500 points in weeks/few days.
Trade with caution.
Stay Safe & Trade Safely.
In my previous idea of bajaj finance, I published that the stock is bearish below 1870 and the stock got a pullback from that level.
Now What?
Stock will try to enter back in the support zone if volumes support it, otherwise, it will hit hard on our level of 1870 and will fall with a bang.
Why is 1870 zone Important?
The stock has a 3-year long weekly support around this zone. 1870 is the lower end of that zone. Below that its a no man's land. Stock will hardly wait to fall 300-500 points in weeks/few days.
Trade with caution.
Stay Safe & Trade Safely.
Trade active
Chart Update - Stock is below our levels.
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