Bajajauto
BAJAJ AUTO SUPPORT AND RESISTANCE For past 4 days BAJAJ AUTO has been trading in a parallel channel or range and range breakout can give good movement on either side.
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Key Levels for BAJAJ AUTO are:
Upper Breakout~2777
Interim Resistance~2804
Final Resistance~2830
**Lower Levels**
Lower Breakout~2714
Interim Support~2684
Final Support~2653
Watch out for these levels while trading. Please trade with caution and consult your financial adviser before trading. You can also join our TELEGRAM channel from the below mentioned link, t.me
NIFTYAUTO | 7000 Support of Last ResortNIFTYAUTO index has been on a downtrend traversing through key supports. Now 7000 seems to be the support of last resort for the index.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
The different angle of Bajaj Auto:Tail doesn't always mean that the price will reverse.If the second candle is long down from the tail it means that price will move down.
The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price action.
The market gives value to certain price areas.
See daily chart the price is rotating it is in the value area.
On weekly chart its support is still too far It will take a lot of time to reach its support. The control price is basically a pivotal support and resistance level inside the value area.
TCS IS ALL TIME HIGH IN ALL TIME FRAMEI always try to alert the small investors because i am one of the same
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THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PURPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
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