BAJFINANCE channel Breakout

BAJAJ FINANCE LTDNSE

Description

⋅ Sep 6, 2017 2:16 AM

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

⋅ Sep 7, 2017 6:44 AM

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

⋅ Sep 8, 2017 4:18 AM

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

Parallel Channel BAJFINANCE

Comments

Manish_Kumar1

⋅ Sep 6, 2017 6:06 AM

Bajaj finance seems to have taken support around 1780 Einstein...

Now keeping above 1830 one can expect 1900 and then 2000

Einstein15

⋅ Sep 6, 2017 6:29 AM

@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.