Bajaj finance

4 août 2021

Bajaj finance has given double breakout, one on daily basis and other on hourly basis, both breakouts are having good intensity of volume, as per wave structure it looks like 3rd of 3rd. all the indicators parameters are also aligned with positive situation, one can go long at these levels or in dips with key levels mentioned on chart

Key Levels are Mentioned on chart

Breakout with Good intensity of Volume in daily

Breakout with Good intensity of Volume in hourly

Macd in daily positive crossover and Uptick

Macd in hourly positive crossover and Uptick and also above zero line

Rsi in daily above 60 uptick

Rsi in hourly near 60

Dmi adx positive ungali setup in daily time frame

Dmi adx positive ungali setup in hourly time frame

Upper Bollinger Challenged in hourly


Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing