LONG ON BAJAJ FINANCE LTD (NSE)!!!

8 Jun 2020

This analysis is only for educational purposes, Invest at your own risk!

• The price had reached and bounced off its bottom most support and started its uptrend
  
• The price may head up to the resistance line at around 2977 INR.
  
• Taking a long position at around 2510 INR and holding till the price reaches aroung 2800 INR can be profitable.
  
• The ON BALANCE VOLUME indicator also shows an uptrend since there is also supporting volume
  
• The stop-loss must be placed near the support .
  

Any kind of criticism is highly appreciated !
CHEERS!