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M92_S

Bounce in Bajaj HLDG & INV ?

Long
BAJAJ HLDG & INVES (NSE:BAJAJHLDNG)  
M92_S  
NSE:BAJAJHLDNG   BAJAJ HLDG & INVES
Trend Analysis Chart Patterns Technical Indicators bounce bounceplay rsi-ema
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trendanalysis chartpattern indicator bounce bounceplay rsi-ema
* Bajaj HLDG approaching 200 EMA (5855.30) on Daily time frame

* Monthly RSI above 60
* Daily RSI approaching 40 ( currently at 48)

* Trendline support from 6-7 months

* Entry on positive candle with confirmation

- Looks bearish as of right now but with positive market and positive price action with confirmation on Daily/Hourly time frame would give a good R:R
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