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vt_trader

Bajaj Finance Swing Trade

Long
BAJAJ FINANCE LTD (NSE:BAJFINANCE)  
vt_trader  
NSE:BAJFINANCE   BAJAJ FINANCE LTD
Trend Analysis Harmonic Patterns Chart Patterns bajajfinance bajajauto BAJAJFINSV Double Bottom rsi_divergence wpattern niftytrend BANKNIFTY swingtrading
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trendanalysis harmonicpatterns chartpattern bajajfinance bajajauto bajajfinsv doublebottom rsi_divergence wpattern niftytrend banknifty swingtrading
Double Bottom Pattern is formed on daily chart while the RSI is making higher lows which is sign of RSI Bullish Divergence . We can take a swing trade here.

Entry:
We can go long after close of strong bullish candle near the support zone .

Target:
We can keep the target near the resistance zone which will be also the neckline of W pattern as marked on chart.

Stoploss:
We can keep stoploss below the double bottom support zone .

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