Buy above 970 given breakout with volume , have mentioned the fibo levels in the chart . The trend line will act as support support and can be bough in dips.
Have added at these levels , we should see the long pending move now
On 2H chart BAJFINANCE started to becoming weaker. Stock facing good resistance between the range of 3320-3420 while 3125 will be immediate Support for stock.
On 2H chart if stock manage to breakout 3420 with good volume and candle closing near high it will open for fly for target of 4040.
But if the stock breaksdown 3125 it will then likely to...
this is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap .
don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest.
for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
BHARATFORG on 2H chart become bearish.
Any high volume candle closing below 353 will confirm the short trade here.
In coming trading sessions if I see any 2H candle closing below 353 I will prefer to short it with Stop Loss of 385 for Target of 309/277
Price at trend line Support if any Daily candle close above the support of trend line than we can see price can touch the Last 5th wave of the Elliot Wave.
Looks good look into this setup and pay attention to Monday closing of the market