NSE:BAJFINANCE was on downtrend for the last four months. Which got arrested after pulling back up to Fibonacci level (.786).
After consolidating there for some session started up movement and gave a clear break out above falling channel. The breakout is convincing as last 10 days volume is above 50 days average volume and also candles are wide this is a very...
Stock closed nearly at support Zone
Bearish <7050
Bullish > 7150
Wait for proper rejections at mentioned Zone for better result add your strategy or indicator
The blue color TRENDLINE that I have drawn in the chart is drawn from June 2020. As of February 18 it has been trading at a price of 7030. If you look at the chart the stock had just took SUPPORT from the blue TRENDLINE. If it consolidate there for next few days and then if it gives breakout then there is a high probability that it will go up from there. Below...
