I will be bullish if this stock broken above the 3100 to 3110 and my target will be 3140-3150
IT IS MAKING A SYMMETRIC TRIANGLE PATTERN IF BROKEN MOVEMENT IS POSSIBLE
Previously I posted this stock under bear attack....this is continues today also support around 1812 level and the mac OI at 1900... if the support broken then it can be free fall
1)BAJAJFINSV is on the sideways zone between 7248 to 6978 2) Until it is breaking the zone with a sufficient volume no trade opportunity
The bulls loosing its ground to bears,1600 to 1610 zone is very important if any green candle with huge volume formed can make new high else it may go down.
IT IS LOOKING WEEK AS MAKING HIGHER HIGH BUT MACD IS FLAT. TODAY BEARISH MARUBOZU WAS FORMED WITH DECENT VOLUME HIGHEST OI AT 720 CE AND MAX VOLUME TRADED IF 693 LEVEL IS BROKEN THEN IT MAY FALL
IT IS BEARISH FOR ME BECAUSE OF ENGULFING AND INDICATOR IS ALSO SHOWING WEAKNESS DISCLAIMER : ONLY A EDUCATIONAL VIEW DO NOT TRADE WITHOUT PROPER KNOWLEDGE..
TATASTEEL making lower low but indicator is looking strong If 330 is broken downside can be a shorting opportunity If 350 is broken downside can be a long opportunity