joyesh

Bajaj Finance Long

Long
NSE:BAJFINANCE   BAJAJ FINANCE LTD
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.
Comment: Consolidation is still continuing. Price rejection has not occured below the consolidation base.

SL remains at 3820.
Comment: Another attempt to break out of the consolidation zone.
Comment: Breakout has now been seen.

Stop Loss should now be trailed up to 4095.
Trade closed: target reached

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