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Higherlows

As expected,The beginning of uptrend is started in Bajaj FinanceNSE:BAJFINANCE Hi Traders, 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 Analysis * Stock was in a range and developing higher high and lower low pattern between this range with support of trend line. * It could not give closing above 3523. Today it has broken resistance line (3523). * The beginning of uptrend is started. Buy Level 3330 (Given in previous idea) Target Level TP1= 3821 TP2= 3983 TP3= 4244 ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * It is educational/learning purpose only... Trade well, **********************************************************************************************************************************
NSE:BAJFINANCELong
by vimal.kr.pathak
2
JAYSREETEA - HIGHER TOP HIGHER BOTTOM PATTERNTECHNICAL -It is been observed on the WEAKLY chart that the stock is forming continuous higher top higher bottom and with a uptrend line and a triangular pattern which can breakout soon, but a MULTI YEAR resistance @120. FUNDAMENTALS -Rise in tea prices will led to higher margins and profits, with passing of GST TEA & coffee sector is going to get a huge benefits can also led to rerating further in the stock. BUT IT WILL TAKE SOME TIME . Target:118( Short term) Stoploss: 97 (Closing Basis) Target:180 (Medium term) Stoploss : 97(weakly closing)
NSE:JAYSREETEALong
by ms555