Bajaj Finance Long
Updated
Bajaj finance continues its bullish trend.
Accumulation led to a Flag Breakout.
Consolidation at Flag is progressing within rectangle. Morning Star formation shows a bullish reversal may be forthcoming.
If the next candle opens in the green, higher levels should be expected.
Stop Loss should be maintained @3820.
Accumulation led to a Flag Breakout.
Consolidation at Flag is progressing within rectangle. Morning Star formation shows a bullish reversal may be forthcoming.
If the next candle opens in the green, higher levels should be expected.
Stop Loss should be maintained @3820.
Note
Consolidation is still continuing. Price rejection has not occured below the consolidation base. SL remains at 3820.
Note
Another attempt to break out of the consolidation zone.Note
Breakout has now been seen. Stop Loss should now be trailed up to 4095.
Trade closed: target reached
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