BAJAJ FINANCE LTD
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BAJFINANCE - 8% potential - Triangle Pattern

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BAJFINANCE has formed a triangle pattern and is about to break out soon.

For upside, it has to give 2 HRly candle close above 7420 levels, target is coming to 8000+, SL would be below 7320.

For downside, it has to give 2 HRly candle close below 7130 levels, target is coming to 6600-6550, SL would be above 7320.

Timeframe: Within a week from the time of breakout.

Note: As the trend has been on the upside, so it is most likely that the stock should give breakout on the up side, but we should be prepared for both possibilities!
Dagangan aktif
Breakdown given.
Dagangan ditutup: hentian tercapai
Price reversed back into pattern after breakdown. Looks like false breakdown.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.