A breakout above on all Moving Averages AND good volumes in the last 3 trading days, supporting the rise, gives me a Bullish outlook.
In 15 min TF, formation of an Ascending Triangle, with highest volume in the last candle also adds to my confidence.
Targets - 1648 / 1663
BAJAJFINSERVE broke above rounding bottom formation pattern on hourly charts with decent OI.
Risk:Reward = 1:3
Could be bought with mentioned stoploss & target patiently.
BAJAJFINSERVE fut is on the verge of breaking out of triangle pattern above 1630 on an hourly chart with good OI build up.
If it opens or breaks past 1630 then dont miss this opportunity to multiply your profits & dont get out in small profits, wait till target & make money.
Could be bought at cmp or lower till the lower trendline or breaking past 1630 with...
As Per Data and Technical Analysis Bajaj Finsv Looks Bearish if its break 1605-1600 level then most probably it will test 1580,1570,1560 level respectively.
we can Create Hedge Position in Bajaj Finsav
Buy 1620 CE Near 36-38
and Sell Future Near 1605-1602 level Stop loss 1620
Investment Required 45000
Maximum Loss 7000
Profit upto 15000
This levels are only...
BAJAJFINSERVE made ascending triangle pattern on an hourly chart with decent long build & its on the verge of breaking past neckline.
Could be bought with mentioned stoploss & target.
It is Bullish ABCD pattern seen daily tf can give good reversal from 1433 zone marked in the chart.
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for horizontal lines: Green - Buy, Blue - targets, Red - SL). If any doubt for take entry in...
#BAJAJFINSERV trading in support zone 16000-16100
if it take buy this range it may move up side TGT 16400
positional TGT 16600-16800 in comming trading session.
