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prashant121212
May 8, 2023 6:28 AM

Double bottom pattern in Bajaj finance: long position  Long

BAJAJ FINANCE LTDNSE

Description

NSE:BAJFINANCE had formed a double bottom pattern and have taken a breakout. NSE:BAJFINANCE has break the neckline with a big bullish candle. Take a long position.
first target 7053
second target 7525
stoploss below 6388
Comments
Sneha1605
any new update on levels
prashant121212
@Sneha1605 currently the neckline is acting as a support and around 7000rs is the resistance so there will be our 1st target. Todays candle is bearish and bigger than yesterday's green candle but the volume of todays bearish candle is low that indicates still bulls are having the control. currently its nuetral I can't say exact thing. let see we'll hold. If the next candle is bearish we are going to quit this trade...
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