BAJAJ FINANCE TRADE SETUP

Dear All, There is a nice trade setup in Bajaj Finance. Price is making higher high and higher low formation on hourly chart. VCP Pattern is clearly visible.
VCP Pattern by Mark Minervini
During a consolidation phase, Volume has also dried down. A nice trade is about to come anytime soon. Look for a breakout of price with volume expansion. Chart is hereby attached for your reference.
Cheers Sid
Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.


Comments

One response to “BAJAJ FINANCE TRADE SETUP”

  1. […] https://sidthapar.com/bajaj-finance-trade-setup-2/ In my earlier post date 19.08.2020, I have spotted a VCP pattern of Bajaj finance. This post is in continuation of above post. Look at the bar which closed today. Good trade will be coming. Keep an eye on swing high level of 3556.85. […]

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