Structural Transformation in BAJAJ FINANCE

Diupdate
Hi
BAJF took support near 1967 level and is forming higher lows and higher highs. It might taste 2453 again and then 2580. A closing above 2600 will take the stock to 2650, 2760 and 2870.
The 2233 low is still a potential higher low and will be confirmed above 2475.

Regards
Catatan
BAJF is trying to reach our first Target near 2450. If it manages to sustain above this level, I ll look for 30 more points to be added up in this trade.

The level 2344 is a decent level to put trailing stop for short term swing positions.
Catatan
U ll see a spike above 2475 only, due to short covering and breakout traders. Could plan some profit booking in such case.
Trading ditutup: target tercapai
T1 2453 reached.
Catatan
2344 trail was a nice level to fetch demand.
Above 2455 it LL have room to add 20 point.

cuplikan
Trading ditutup: target tercapai
2480 T2 hit. Trade closed.
Catatan
Indices are overextended in various aspects. It's cool bank some cash.
bajajfinancestructuretradeTrend Analysis

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