joyesh

Bajaj Finance Long

Long
joyesh Updated   
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.