BAJAJ FINANCE LTD
Long
Updated

Bajaj finance showing signs of inverted H&S

841
BAJFINANCE could breakout H&S inverted on Daily. Take entry on confirmation ONLY.
Good risk:reward ratio if price action follows our technicals 🤞🏻
Trade closed: stop reached
Loss booked 5K - pattern failed.
It's perfectly fine to look losses until they are controlled.
I have booked a lot of other positions in 2:1 or 3:1 reward:risk ratio.
It definitely feels bad for SL to hit, but, it is what it is!
Note
5K is 5000 in INR 😅

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.