BAJAJFINSV Result will be bumper. This will fly like rocket 🚀🎯 Time to add more 🐂BAJAJ FINSERV LTD. stock forum
BAJAJFINSV Result will be bumper. This will fly like rocket 🚀🎯 Time to add more 🐂
BAJAJFINSV see the level of 2000 (2020 to be precise) is an important level - technically and psychologically. So, from price action perspective , it can retrace from either of 2020 / 1980 / 1945 / 1920. If it goes below 1920, it means it is not going up but down. The fact is, currently it is making higher high with loosing momentum. RSI is in divergence and not in sync. Per my understanding, it should not go below 2000 level if it has to go upwards....... if it is going below 2000, I will get out of the position considering the very short time horizon of 1-2 days. While looking at OI for current month expiry, the price can touch upto 2080 from where the call writer increases and 2060 where the put sorting is happening ..... meaning it may expire somewhere at 2070.
BAJAJFINSV 📌 Trade Setup: Bajaj Finserv Ltd (NSE)
Pattern: Ascending Triangle
Timeframe: Monthly
Signal: Approaching breakout of horizontal resistance zone
BAJAJFINSV 1sr tg 1865 1885 1900BAJAJFINSV I think buy with small sl 10.points
BAJAJFINSV Put the stock on watchlist and go for a long once the triangle pattern is broken.
BAJAJFINSV shorting it at 1631, YOLO!
BAJAJFINSV long position 1H
I made some money shorting it, if it does not break below 1390 in the next couple of days we can expect a reversal of 8%.
What do you guys think?
What do you guys think?
short move expected or a bounce back from the level
