Currently trading at 14% discount from all time high levels.
Bajaj Finance (TF=W): 1. Constantly taking support and respecting 50 DEMA (except the COVID times) 2. Taking support at Rising Trendline 3. NCO of 5,13 DEMA 4. Taking horizontal support at 6680 levels
Bajaj Finance (TF=D): 1. Currently at 200 DEMA support. 2. At major demand zone of 6680 levels 3. Consolidation / Accumulation going on at major demand zone [200 DEMA and 660 levels] (Vols during accumulation is low) 4. Good and safe to add above Breakout of 7280 levels.
Well Deepti, what i can see is after touching its support on 20th dec, buyers tried to pull up but they failed. So now for sure sellers will break this support and its time for a sell oppurtunity.
deeptinseth
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@rpranjit2210 i agree with you point but until and unless it gives a breakout (be it upside or downside), we can not consider it sell or but opportunity.
rpranjit2210
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@deeptin1994, hmm.. lets see. BTW where have you learned trading from?
@deeptin1994, Actually i am a beginer and pretty much confused where to start from, so i keep on watching random videos and learn stuffs no idea if its right or wrong
deeptinseth
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@rpranjit2210 let me know in case you need any help 😊
rpranjit2210
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@deeptin1994, Good to hear from you..plz check your gmail
4576c7aa2bb04832b704aee8c03904
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now will it is turning towards 8000 or again will drop down from tomorrow after consolidation over 7 months and more ,its really painful ? do you think It s challenging to time the market and almost impossible to buy the stock at the exact bottom and sell them at the highest point. ?
deeptinseth
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@4576c7aa2bb04832b704aee8c03904 This is why we will consider buying it above this consolidation breakout, to be on a safer side