Einstein15

BAJFINANCE channel Breakout

NSE:BAJFINANCE   BAJAJ FINANCE LTD
BAJFINANCE is moving in an up channel for a while.
on the recent leg up, its flattening a bit, in a range.(and it can continue moving in a same small range even outside the channel, before it makes a move)
right now on the edge of channel for a possible breakdown./ reversal
Comment: Another Setup building up. HIT THE PLAY BUTTON
After a successful leg up , the price is testing the upper edge of the channel.
watchout for a breakout or reversal
Comment: YET A=Another setup._ HIT THE PLAY BUTTON._
AFter the breakout, its retesting the channel edge.
look for a reversal or breakDOWN from that level
Bajaj finance seems to have taken support around 1780 Einstein...

Now keeping above 1830 one can expect 1900 and then 2000
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Einstein15 Manish Kumar
@Manish Kumar, Yes. a nice retest of the channel edge at 1780 before flying up. also its LEG_UP are pretty steep.so 1900 dosent seem too far.
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