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
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