Key Levels for BAJAJFINSV are : t.me - JOIN TELEGRAM CHANNEL
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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.
Key Levels for BAJAJ AUTO are:
Watch out for these levels...
BAJAJFINSV has closed above the weekly trend line and is expected to move upside for some trading sessions before doing some retracement, BAJAJFINSV has its's first INTERIM RESISTANCE at 7280 followed by the FINAL RESISTANCE at 7450, On the lower Band INTERIM SUPPORT is placed at 7090 and FINAL SUPPORT is placed at 6890. Follow Telegram Channel to know more....
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...
Short Bajajfinsv Below 5550
Target 1: 5160
Target 2: 4955
Risk 3.50% & Reward 10.75 %
RR Ratio - 1: 3
RR is Calculated on 2nd Target.
Reversal or Continuation Pattern
Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This...