BAJAJ FINANCE POTENTIAL HEAD AND SHOULDERS BUY OPPORTUNITY

BAJAJ FINANCE STOCK MAY FORM HEAD AND SHOULDERS FORMATION ON HOURLY CHART. CURRENTLY CHART HAS REACHED AT NECK LINE OF POTENTIAL HEAD AND SHOULDERS FORMATION. WHICH MEANS NEXT MOVE SHOULD BE RETRACEMENT TOWARDS FORMING RIFHT SHOULDER AROUND INR 3200 (EVEN HANDLE NUMBER). AGGRESSIVE TRADERS CAN PLACE THEIR LIMIT ORDER ABOVE INR 3200 MARK, WHERE AS CONSERVATIVE TRADERS CAN WAIT TO RETRACE AROUND LEFT SHOULDER AREA (NEAR 3200) AND ONCE PRICE REACH AT 3200 LOOK FOR REASON TO ENTER LONG.


BUY ENTRY: INR 3180 TO 3140
STOP LOSS: INR 2990
TARGET-1: INR 3350 (RE-TEST OF NECKLINE)
TARGET-2: INR 3560