Bajaj Finance- What a hit for 867- Zone kissed 855-870 Short

BAJAJ FINANCE LTDNSE

Description

⋅ Dec 17, 2016 3:05 AM

As per previous update- bounce expected between the zone 855-870- Got the hit for 867 on 15th Dec2016.

What Next?
If it starts falling below low@830- then likely it will indicate that it's looking for a new low below 805.

Related Analysis Attached Below About Bajaj Finance- Click the links below to get the chart & load the bars to see how it moved

Trade active

⋅ Dec 19, 2016 6:51 AM

12:20 Hrs 19th Dec2016

Last Price@836

Day's low@834

Close to 830 mark- drops 14 Rs for the day - it should hold below 850's

Trade active

⋅ Dec 20, 2016 7:49 AM

13:17 Hrs 20th Dec2016

Day's Low@796

Fall from 867 to 796- Hatrick in Bajaj Finance from 924 to 805 then a bounce from 805-810 to 855-870 & fall again to 785-795 zone. Let close the position & enjoy

Comments

ashpats

⋅ Dec 20, 2016 7:52 AM

Superb one.

WaveTalks

⋅ Dec 20, 2016 9:18 AM

@ashpats, You took bath in the Niagara Fall --hahaha

morphousd

⋅ Dec 20, 2016 7:50 AM

Awesome Brother..what a conviction

WaveTalks

⋅ Dec 20, 2016 9:17 AM

@morphousd, Enjoyed

morphousd

⋅ Dec 20, 2016 9:47 AM

@AbhishekHSinghCMT, i was closely following your post Bro did not trade but will initiate some trade on your recommendations...

WaveTalks

⋅ Dec 20, 2016 9:52 AM

@morphousd, But at same time do your parallel analysis as well

nowornever

⋅ Dec 20, 2016 5:40 AM

Hi Abhishek,where we can consider the target for shorts..should we square around 810..or hold longer..plz guide

WaveTalks

⋅ Dec 20, 2016 7:28 AM

@nowornever, It might test patience, but likely looks down only going below 805 - next we should see 785-790 as target zone

nowornever

⋅ Dec 20, 2016 7:53 AM

@AbhishekHSinghCMT, seriously awesome ..hats off