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karanwealthape

BajFinance Preparing to Move outside Down Trend channel

Long
BAJAJ FINANCE LTD (NSE:BAJFINANCE)  
karanwealthape Updated   
NSE:BAJFINANCE   BAJAJ FINANCE LTD
Trend Lines Support and Resistance Oscillators down Parallel Channel support 200
2
2
trendline supportandresistance oscillator down parallelchannel support 200
Hi Swing /Long Trader,

BajFinance looking good for Long above breakout from Down trend channel for Target of Rs 3745.

  • BajFinance Preparing to Move outside Down Trend channel .

RSI & MACD indicate Bullish momentum as per chart.

Stock is consolidating near 200 SMA for past few days.

At Rs 2885 Stock is at important support of combination of 200 DMA & Support line.Below this support breakdown will be free fall.

Trade active:
Breakout from Downtrend channel happen, now more upside is possible in coming days
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