we can see rsi near by 40 and mfi below 30(oversold range) ,
in short term we can expect to go to 9300 in long term can go 10000+ as bajaj finserv may get banking license
we can see now price is currently at previous month low(december low) ,and in november also price traded at this range ,actually it is going sideways (consolidating) and bollinger bands...
Hey Hey Traders hope u guys are good.
Im sorry taht I was not able to post so much chart analysis since last week as there was some personal issue in my family.
But today I found this symetrical triangle pattern here.
Hope it will help you take tarde on the next day!
-Rv The Trader
Bajaj Finserv looks good for around 5-7% upside gain. Pattern “cup” breakout with very good volume, RSI also showing good strength. Let’s see..
Please study before taking any action, this is just to record my personal trades..
Buy once it crosses 6121!
Once Target 1 is achieved, hold on and
make it a positional trade for Target 2
Target 1 - 6195
Target 2- 6282
5 mins chart, MACD is building up,
RSI (14) has crossed 50
EMA (7) crosses EMA (21).
Open interest futures for the month of Feb has increased largely too.
Futures- 1 lot (250 shares).
Also if it plunges in the first hour of...