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bajaj finance can be considered as long term investment , and below trend line can act as support or can act as entry price for long term investing.
Scalping opportunities in Bajaj Finance. Chart is a combination of multiple TFs. Look on daily, 4 hourly and hourly!
Support 2270, Target 2500
Levels mentioned on chart..
as we can see the bearish engulfing pattern there and dark cloud cover there right near the resistance area an bearish divergence add to it and target till 761 levels
All of the recent rally has been wiped off thanks to the FII outflows. It is just above the 50% Fibonacci retracement level. Closing stoploss 750. Target 1000. Return 22%; Risk 8%; Timeline Mar'17