Hare Krishna !
The post is to give my personal bias on the stock movement for the coming week.
The stocks have gone through a thorough filtration
The post gives one of the most important needs of a trader ie- the "Direction" .
One can buy or sell based on his or her own strategy/use my method.
For more info on my method you can send me a message.
Good...
BAJAJFINANCE
HELLO EVERYONE, TODAY I OBSERVED THAT THE BAJAJ FINANCE IS GOING UP VERY STRONGLY, WITH MAKING A PATTERN CALLED ASCENDING TRIANGLE PATTERN SO, I THINKS THAT IN NEAR FUTURE WE MAY SEE SOME BIG MOVEMENTS IN THE STOCK TO UPSIDE AND BULLS MAY WIN.
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.
t.me
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...
In this chart we can clearly see that this stock rallied today as on 6/8/19 and has entered its strong resistence zone. It has failed nearly 25 times before from this level. A strong close above 3303 and above can show us approx 3344 marks on the charts. Beware of the volatile market and go with the trend. Do not take any position as this article is just for...
Bajaj Finance shows dual pattern. One is a Descending triangle pattern implying a bearish outlook and the other is a Bear flag indicating bearish continuation. Both the pattern looks valid by breaking the common price of confirmation at 3380.
Descending Triangle: Depth of pattern looks to originate from 3760 towards the base of 3380, forming a considerable 380...
Bajaj Finance has hit a confluence of resistance. Should be a good place to initiate shorts will stop above 50 SMA.
(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...
Falling nearly 10% yesterday, the stock is exhibiting some fight back by gaining 5% (at the time of posting). The bounce was helped by demand zone between 3360 & 3375 where we could also observe 50 SMA level. That justifies the bounce technically. Currently the gain has run in to level where it appears to shown some loss of momentum partly because of the...
