bajaj finance SHORT sell setup!these are not a recommendation but my way of taking a trade .
will like to go short on he stock with stop loss 1965 or depend on the conditions .
can trail stop loss if necessary!
IBULHSGFIN
IBULHSGFIN TriangleIBUL has been moving in a tringle all of 2018. Currently on the edge. Awaiting a breakout or reversal
IBULHSGFIN Lifetime BreakoutIBULHSGFIN has completed the much anticipated and a slow ROund bottom. and back to testing the lifetime highs. May breakout or reverse on account of Results. MIght Flag up after the sharp leg up, before taking a direction.
IBULHSGFIN Wedge BreakoutIBLHSG has been moving in the falling wedge for a while. bpunced back from its weekly trendline. CUrrently on the edge of wedge, awaiting a breakout/reversal.
IBULHSGFIN trade setupIBULHSGFIN trade setup.
Based on the setup 1205 and 1145 could be crucial in determining the direction of the trend in days to come.
IBULHSGFIN Channel BreakoutIBUL has been moving in a down channel for long,currently on its edge, awaiting breakout or reversal.
IBULHSGFIN Rising Expanding Wedge IBULHSGFIN is dancing in a rising_expanding_Wedge,
.. which looks like a Flag on higher timeframe of a solid leg up since start of 2017.
Right now its approaching the middle level of the wedge, crossing which can lead to the completion of the leg down.
or it can reverse form there.
Dark Cloud Cover on IBULHSGFINDark Cloud Cover candle on IBULHSGFIN and sign for bearish.
Trade:
Short - 1188
Target - 1160
Stop loss - 1205
Ascending Triangle on IBULHSGFINAscending triangle pattern formation on IBULHSGFIN and it will break on upside of the triangle.
Trade:
Buy above - 1152.50
Target 1 - 1160.00
Target 2 - 1164.00
Stop loss - 1143.00
R:R = 1 : 1
IBULHSGFINIBULHSGFIN- Stock just on making of head and shoulder and created neckline at level of 1050-1060 so its at strong support of bulls in this stock if stock trade below that then stock can see 975-925 also but if still in bull so there right shoulder high can be 1150-1175
Long Trendline breakout on IbulhsgfinVery long narrow trendline about to break on coming days and it may leads to fall. MACD not completely bearish trend but bearish on bullish trend.
Trade:
Short below - 1110
Target 1 - 1088
Target 2 - 1069
Target 3 - 1051
Stop Loss - 1130
Note - There is a Range on Target 2 & 3. Avoid confusion on targets, if the target 1 hit then keep change the stop loss accordingly.
Ascending Triangle formation on Ibulhsgfin - LONGAscending Triangle formation on Ibulhsgfin.
Trade:
Buy above - 656
Target - 666
Stop Loss - 649
Reward Points - 10
Risk Points - 7
Descending Triangle on IBULHSGFIN - SHORTTrade:
Short below - 711
Target 1 - 705
Target 2 - 698
Stoploss - 720
