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estockmarket
Aug 12, 2018 6:57 AM

Bajaj Finance Outlook - Short Sell Short

BAJAJ FINANCE LTDNSE

Description

Short Sell

Comment

:)

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first tgt achieved 2498..and remaining tgt continue with sl...

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FACING ZONE 2000 FOR TGT 1991..GO WITH STRICT SL..CURRENT RATE 2217..

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1991 tgt hit...

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continue going for 3rd tgt with strict sl..

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BOUNCE BACK POSSIBILITY...CONTINUE HOLDER TRY TO EXIT AT CMP INSTEAD USE STRICT SL

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CMP 2060

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EXIT

Trade closed: stop reached

Comments
NitinBhandare
more than 50% crash :O, Its the best performing stock.... under what circumstances it will drop 50%?
estockmarket
@NitinBhandare, yeah.. its technical based analysis.. i dont which news will announced by company management, either effective or not but technical chart showing us something is there..

Cheers!
NitinBhandare
@viks.gupta9894, Good one... seems like your analysis on the spot.
estockmarket
@NitinBhandare, :)..cheers!
nigel004
It will touch 3030 : This is also ICICI Direct recommendations .
It may come to 2750 level before the resumption of the Uptrend.
It is impossible for 1250 which is only going to happen under a disaster .
estockmarket
@nigel004, lets see...Cheers!
estockmarket
@nigel004, very soon will hit first tgt 2500..then next..:)
subu.rajput
From 2804 to 1999 to 1294 ??
estockmarket
@subu.rajput, short sell range 2900-3250, its positional call.. entry price will update...
estockmarket
@viks.gupta9894, and it will touch 2000 and 1250 final leg where momentum will stuck.
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