Bajaj Finance Long

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Bajaj finance continues its bullish trend.
Accumulation led to a Flag Breakout.

Consolidation at Flag is progressing within rectangle. Morning Star formation shows a bullish reversal may be forthcoming.

If the next candle opens in the green, higher levels should be expected.

Stop Loss should be maintained @3820.
Nota
Consolidation is still continuing. Price rejection has not occured below the consolidation base.

SL remains at 3820.
Nota
Another attempt to break out of the consolidation zone.
Nota
Breakout has now been seen.

Stop Loss should now be trailed up to 4095.
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bajajfinancebreakoutChart PatternsFLAGTechnical IndicatorsLONGMorning StarnsenseindiaTrend Analysis

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