BajFinance Preparing to Move outside Down Trend channel

Hi Swing /Long Trader,

BajFinance looking good for Long above breakout from Down trend channel for Target of Rs 3745.

• BajFinance Preparing to Move outside Down Trend channel .
  

RSI & MACD indicate Bullish momentum as per chart.

Stock is consolidating near 200 SMA for past few days.

At Rs 2885 Stock is at important support of combination of 200 DMA & Support line.Below this support breakdown will be free fall.

Trade ist aktiv:

Breakout from Downtrend channel happen, now more upside is possible in coming days