BAJAJFINSV trade ideas
long term tredline breakdowncan short below orange Trendline breakdown or below day low
in progress of making double top . levels on chart
Bajaj Finserve - Falling Wedge and Trendline supportBajaj FinServ:
Trendline Support and Falling Wedge
Can Bounce Back
Sell As it resisting the resistance levelSell Bajaj Finserv as it resisting the resistance level and going down after touching the resistant level
Bajaj Finserv: Bearish Divergence1. change in polarity - Support becoming resistance in this case
2. Bearish engulfing in daily at resistance
3. Bearish divergence in MACD and RSI
4. on confirmation, sell!
BAJAJFINSV CAN RETRACE BACK FROM A PULLBACKIt seems like it experienced a pull back from some days, it could again rise upto 50% retracement in some days. Place strict stop loss and targets from the support and resistance lines drawn. See if it finds resistance at 1/3rd retracement level, if it crosses that level this will be a strong stock to take long position.
BAJAJFINSVBAJAJFINSV Break important swing high to you can add in your buy watch list.
Entry Price: 6630
Stop loss:5784
Target:7952
