afzal_57

Bajaj Auto Trend Play

Long
afzal_57 Mis à jour   
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Monthly is clearly bullish with great momentum candle breaking out of the monthly resistance. A double bottom can also be spotted.

Weekly too gives a positive picture. Price has broken out of the resistances and smashed them. A pullback from this nice uptrend can be seen to test weekly support.

In the Daily, we can spot 4 rejections of weekly support further confirming our bullish bias. Last candle had a long wick, which is great.

In the 75 min, again a Double bottom at Weekly Support can be seen along with multiple rejections of weekly support. Using the 75 min TF for entry, a long entry is trigerred on break of Trendline
Trade fermée: cible de profit atteinte:
Target hit.

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