Educational Purpose.
Price action is at crucial support zone. In 2 or 3 sessions, trend direction will be clear
Bajaj Finance : M Pattern found. CMP: 4049.95, Demand zone 3871-3819. below 3800 long term bearish. 4310, 5000+ Targets for upside if not close under Demand Zone. Education Purpose Only
Price is moving within range. Expecting the break out soon.
Buy ongc Cmp 128 Sl 123.30 Tgt 143.30 Above information is educational purpose only.
Used Demand and Supply analysis
Weekly has a double bottom and a recent Higher High. But, predominantly, it's a Downtrend. There is a wide bearish RSI divergence too. Price is hovering at an important level. In Daily, nothing is supporting. There is a break of Trendline, but not convincing. 75 min is interesting. There is Head and Shoulders pattern, EMA crossover and a clear candle...