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piyushrawtani
Nov 2, 2018 10:56 AM

BAJAJFINSERV Resistance Breakout And Retest  Long

BAJAJ FINSERV LTDNSE

Description

Bajaj Fin Serv has broken out of a key level in daily timeframe .
On hourly , it has formed an engulfing pattern .
Can go long at current price.
Levels mentioned in charts .

Trade active

Comment

Revising S / L to 5635

Comment

5600 - 5635 .
Back at the support level again .
Can go long at current levels of 5500 - 5600 only after spotting a reversal candle.
Target of 5750 / 5900 looks good as long as the support level is not broken .

Trade closed manually

Comment

Touched expected T 1 of 5750 before reversing .
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