As expected,The beginning of uptrend is started in Bajaj Finance
Diupdate
BAJFINANCEHi Traders,
As expected in previous idea ("Bajaj Finance Long"), Stock has broken resistance line and start moving in upward direction.
There is a possibility of temporary retracement to suggested resistance line (3523). If so, you can open new orders based on price action.
Stock Analysis
* Stock was in a range and developing higher high and lower low pattern between this range with support of trend line.
* It could not give closing above 3523. Today it has broken resistance line (3523).
* The beginning of uptrend is started.
Buy Level
3330 (Given in previous idea)
Target Level
TP1= 3821
TP2= 3983
TP3= 4244
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Catatan
Buy (3330) given in previous idea.
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