BAJAJFINANCE CLOSE NEAR SUPPORT
BAJFINANCE is forming a descending triangle. With its Quaterly earning slated to be released on May 19th, the stock could sink further if the results are bad inviting a short entry. Consider booking partial profits if you are holding from 700-1300 levels. 1920-1950 is the support in weekly chart and if it closes below that on weekly basis then next support would...
It has activated a Bullish C Clamp in Weekly time frame. While in the daily time frame after showing some consolidation inside the Kumo is now attempting to resume a short term rally provided it does not go once again below 2350. It faces resistance at 2800 and 3300
I see 2300 as target for the day...volumes and oi are increasing
fall can expect more till the last line
Educational Purpose.
i can see more bullishness....
watch the trade ....pull back may come above the lime line