Bajaj finance continues its bullish trend.
Accumulation led to a Flag Breakout.
Consolidation at Flag is progressing within rectangle. Morning Star formation shows a bullish reversal may be forthcoming.
If the next candle opens in the green, higher levels should be expected.
Stop Loss should be maintained @3820.
Britannia forming Morning star Pattern at major support with good Volume.
Bullish View on stock due to below point:
1) Britannia has taken support at major support (22250-2400) ,which was major consolidation / support zone in Jan -Feb 2018 times. See chart for more detail.
2) It has form reversal pattern of morning star candlestick pattern with...
Correction - New Blogs can be checked on left top corner as compared to right top corner suggested over the video.
Plan A - Buy in 10650-10675 zone with strict stoploss below 10620
Targets - 10780-10800 / Buy Above 10800 for 10890/10925 / Above 10925 for 10985-11,000 & More only above 11,000 levels.
Plan B - You can sell if you see index...
On Daily Chart , Yes Bank has formed Morning star candle stick pattern , Which is considered Bullish. Additionally Stochastic RSI indicator is in Over sold region and its signal line has generated Buy signal. Moreover it has crossed & closed above Rs 167 which has served as strong support during previous two fall. It is going to give a good up move if it is...
After a steep fall from 1289 to 1050 levels, looks like Shriram Transport FinanceNSE:SRTRANSFIN has been slowly rising upward.
I can see that the stock has taken support between 50% and 61.8% of the previous uptrend, and has formed a Morning Star Reversal pattern.
Good opportunity to go long here with a stop loss of 1139 for successive targets of 1237 and...