BAJAJHLDNGNSE:BAJAJHLDNG
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BAJAJHLDNG trade ideas
Bajaj Holding- Cup and Handle pattern - ready for BreakoutBAJAJHLDG: Meaningful Cup and Handle pattern formed - ready for next breakout. Levels as mentioned.
Enter at CMP (5014 or less).. or (up to 5075)
Short term target is around 10% Upside.
Maintain Stop loss of around 3%
PS: For educational purpose only. Thank me later.
T
bajaj holdings inverse head and shoulder breakoutbuy
weekly breakout of inverse head and shoulder
highest weekly close since 3feb 2020
s3.tradingview.com
trading at all time high showing good strength
also on right shoulder forming rectangle i.e. pattern forming inside pattern thus strong breakout indicator
tgt
height of head which 2385
therfore 3818+2385 = 6203
sl close below 3141 weekly basis
after confirmation of pattern breakout shift sl to 3417
BAJAJ-HOLDING -- Bull Flag Breakout - Swing TradeThis analysis is purely based on price action and chart pattern.
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Analysis & Strategy along with logic is explained in image itself. Entry can be taken at CMP to 3060 range.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any suggestion or query about chart study / price action analysis.
check out other stocks with similar pattern breakout in below links --