BAJAJFINSV is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback.
A long trade can be initiated on the daily timeframe . Enter only when price sustains above the entry level for 15 minutes.
LONG ABOVE : 12200
SL : 11776
TGT 1 : 12624
TGT 2 : 13000
Another option could be to wait for a pullback on a smaller timeframe after the initial breakout and then enter on continuation.
A long trade can be initiated on the daily timeframe . Enter only when price sustains above the entry level for 15 minutes.
LONG ABOVE : 12200
SL : 11776
TGT 1 : 12624
TGT 2 : 13000
Another option could be to wait for a pullback on a smaller timeframe after the initial breakout and then enter on continuation.
Transaction en cours:
Keep watch, price breaking out above 12200.
Transaction en cours:
Needs to break 12520 to reach target 1.
Trade fermée: ordre d’arrêt atteint:
Stop Loss reached at 11776.
Trade fermée: cible de profit atteinte:
Re entry was triggered on close above 12200 on 07-07-21, target 1 reached at 12624.
Trade fermée: cible de profit atteinte:
Target 2 reached at 12998 (about 13000) on 13-07-21.
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