As expected in previous idea ( "Bajaj Finance Long" ), Stock has broken resistance line and start moving in upward direction.
There is a possibility of temporary retracement to suggested resistance line (3523). If so, you can open new orders based on price action.
* Stock was in a range and developing higher high and...
BAJFINANCE CURRENTLY TRADING NEAR ITS STRONG SUPPORT AREA, EVERY TIME IT TRIES TO COMES CLOSER TO TRENDLINE IT RETRACE BACK AS SHOWN BY TRENDLINE & STARS.
IF THIS TREND HAS TO CONTINUE STOCK HAS TO MOVE ABOVE 3320 ZONE AND ONCE SHOULD ENTER LONG ABOVE 3321 FOR UPSIDE TARGETS OF 50,100,200 PTS.
IN CASE THIS TIME TRENDLINE IS BREACHED AND STOCK MOVES BELOW...