BAJAJFINSV
BAJAJFINSV CAN RETRACE BACK FROM A PULLBACKIt seems like it experienced a pull back from some days, it could again rise upto 50% retracement in some days. Place strict stop loss and targets from the support and resistance lines drawn. See if it finds resistance at 1/3rd retracement level, if it crosses that level this will be a strong stock to take long position.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10366
FIRST TARGET~10413
INTERIM RESISTANCE~10456
FINAL RESISTANCE~10502
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LOWER BREAKOUT~10287
FIRST TARGET~10246
INTERIM SUPPORT~10195
FINAL SUPPORT~10137
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Science Backed by Data[BajajFinServ Series]: Target 6231Bajajfinsv has breakout with larger volumes(highest in 3 months). It has also broken its major resistance shown in chart. Looks good for target of 6231 and higher targets. keep StopLoss @ 5550- 5557.
Chart also shows breakout levels and other resistance from past.
Please note that all levels are on closing basis and based your trades on individual risk appetite.
BAJAJ FINSRV - Build up near resistanceNote: This is for educational purpose only.
There seems to be a build up near resistance which ideally means that bears are unable to push the price down and bulls are taking charge. Moreover, there is a spike in buying volume which enforces this build up. I am expecting a bullish breakout in BAJAJ FINSV.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1616.20
FIRST TARGET~1623
INTERIM RESISTANCE~1631.70
FINAL RESISTANCE~1639.70
LOWER BREAKOUT~1604.85
FIRST TARGET~1596.50
INTERIM SUPPORT~1587.80
FINAL SUPPORT~1579
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BAJAJ FINSERV KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for BAJAJ FINSERV : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5488
FIRST TARGET~5551
INTERIM RESISTANCE~5585
FINAL RESISTANCE~5621
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LOWER BREAKOUT~5434
FIRST TARGET~5411
INTERIM SUPPORT~5381
FINAL SUPPORT~5351
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.