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Aditya_Singh21
Jun 8, 2020 10:10 AM

LONG ON BAJAJ FINANCE LTD (NSE)!!! Long

BAJAJ FINANCE LTDNSE

Description

This analysis is only for educational purposes, Invest at your own risk!

  • The price had reached and bounced off its bottom most support and started its uptrend
  • The price may head up to the resistance line at around 2977 INR.
  • Taking a long position at around 2510 INR and holding till the price reaches aroung 2800 INR can be profitable.
  • The ON BALANCE VOLUME indicator also shows an uptrend since there is also supporting volume
  • The stop-loss must be placed near the support .


Any kind of criticism is highly appreciated !
CHEERS!
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