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Rohan_Ghiya

BAJFINANCE looks undecisive and could breakout either way

BAJAJ FINANCE LTD (NSE:BAJFINANCE)  
Rohan_Ghiya Updated   
NSE:BAJFINANCE   BAJAJ FINANCE LTD
Trend Analysis Technical Indicators Beyond Technical Analysis BAJFINANCE bajajfinance keylevels keylevelstrading
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trendanalysis indicator beyondta bajfinance bajajfinance keylevels keylevelstrading
Just marking a couple of levels on the daily where the stock has been taking support(5925) and resistance(6223) multiple times now. We wait for a breakout on either side. A strong closing above or below these levels could trigger our entry but caution is advised as it's been stuck in this zone for a while now. Entry looks good with 1:3 being the minimum target. Lower SL Bigger Targets. Cheers and Happy Trading.
Trade closed: target reached:
Update: Given entry at 6200. Made a high of 6400+.
Comment:
6661. BOOM.
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