MARKET COMMENTARY : Bajaj finance is clearly forming a rounding bottom formation on the daily candles, sustaining above 3400 level will take it further high up to 3800 level, the previous day closing & with the volumes coming in continuously at this level from past week is suggesting the buyers are taking charge with strong momentum.
APPROACH : Buy and trail in profit before any news comes in to impact either way, Maintain proper risk reward to sustain any sudden news.
Traders if you like this idea or have an opinion regarding this analysis, write in the comment section.
DISCLAIMER : We at intelligence7 stock market institute is proving you the research study based on the current market scenario and the levels based on technical analysis, this should be considered as a case study for learning purpose and not as an advise to take a trade decision, before taking any investment or trading decision kindly contact your financial advisor.
APPROACH : Buy and trail in profit before any news comes in to impact either way, Maintain proper risk reward to sustain any sudden news.
Traders if you like this idea or have an opinion regarding this analysis, write in the comment section.
DISCLAIMER : We at intelligence7 stock market institute is proving you the research study based on the current market scenario and the levels based on technical analysis, this should be considered as a case study for learning purpose and not as an advise to take a trade decision, before taking any investment or trading decision kindly contact your financial advisor.