AbhishekHSinghCMT

Bajaj Finance 2016 Diary- Let us not fight markets above 760

NSE:BAJFINANCE   BAJAJ FINANCE LTD
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4
Trading Strategy

Going ahead - I will look to sell below 760 recent low- because that is the safest as we already had 200+ points in this stock in the last month & a hatrick.

Risky Traders can sell below 830-833 once it starts moving below with recent high as stops

This is how we moved in 2016

In below charts- click the charts & use load bar feature

2-2 Troubles the stock

Enjoying Niagara Fall from 924 to 805

What a hit for 867

Hatrick with 200 points

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
https://twitter.com/TalksWave

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Comments

Hi Abhishek can i sell now
Reply
@ManojDagia, we don't have confirmation yet as I said 830 should be taken out downside
Reply
@ManojDagia, Yes Prices are choppy upside chances of falling is great as- sand castle can't hold longer. So, we should be looking to sell close to 860-870's -only problem is we don't have confirmation or stops to be maintained for selling.
Reply
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