natarajanshankar

Bajaj Finance- All time high Positional Trade (June series)

NSE:BAJFINANCE   BAJAJ FINANCE LTD
Bajaj Finance is near to its All time high .
Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points.
We can execute Long if the price manages to close above the All time high in 2 hrs candle.
Use RSI trendline breakout for double confirmation of your trend.

Kindly share your valuable thoughts..

Disclaimer: This view is for educational purposes only. Please consult your advisor before taking any trade.
Trade active: Short is active

Comments

its ready for brake 52 week high
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Symentric triangle pattern formed in RSI & Flag pattern formed in candle stick. So better wait for breakout in either dir for going forward
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natarajanshankar simmashares
@simmashares, Yeah correct.
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