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Bajaj Finance: Morning trade recommendation analysis
BAJAJ FINANCE LTD
Bajaj Finance: Morning trade recommendation analysis
Oleh indiamarketoutlook
Ikuti
Ikuti
24 Jun 2020
7
3
3
24 Jun 2020
Bajaj Finance was recommended as a short candidate in morning
The pattern we observed in morning 5 minute candlestick chart is called
Bearish Dark Cloud Cover
. ...
If you translate that in Hindi,
"Kaale Baadal Chha Gaye hai"
;-)
The dialogue says it all, what to expect next, isn't it.??
The dialogue is used to depict not so good things to expect. So In Market what is not so good thing to expect...???
The answer is simple, it means the stock is poised to fall, and that is precisely what we have seen today and made the most from it...
So when ever you see this pattern, remember it is a sign to be cautious...
Do not just follow but learn from it as well...!!!
Happy learning...!!!
bajaj
bajajfinance
Candlestick Analysis
Chart Patterns
tradingview
Trend Analysis
indiamarketoutlook
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