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Bajaj Finserv Ltd. Moving in a RANGEBOUND CHANNEL!!
BAJAJ FINSERV LTD.
Bajaj Finserv Ltd. Moving in a RANGEBOUND CHANNEL!!
By Garey_Singh
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Jun 17, 2020
3
Jun 17, 2020
Bajaj Finserv Ltd.
The stock is trading in a narrow range.
The Technical Indicators are mild bearish.
RSI is heading down.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***
I am expecting the prices to move down the channel.
However, if price trades above narrow 5540 next resistance is 6581 and support is 3985 on Daily chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
Chart Patterns
Technical Indicators
Trend Analysis
Garey_Singh
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