Keep an eye on Bajaj Finance it is going to breakout soon (Possibility of an Up trend). . Reason to buy: 1) Triangle breakout. 2) Taking support on previous breakout levels. . Best place to buy is at a retracement levels of 3429.95. Stop loss will be at previous immediate swing levels. . Calculate your RR ratio and take the trade.
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Still waiting
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Missed this opportunity for a quick profit. Still waiting for a good entry point.
Sir,closing inside the trendline...can we say fake breakout today..what are chances for future sessions
Umang_Sharma
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@abjn2308, Breakout is not a break out without volume.
So, yes in a sense it was a fake breakout. Move my trend line on todays high as well. For reference check my balkrishna industry trade, ull get to know more.