Bajaj Corp-Early in Wave 5 with 360 Critical Support- Target 570
Atualizado
In Last Update- ABCD pattern worked its magic & we got 2 back to back trades - going long in the zone 420-423 for 435-440 Then Dropping from 435-440 to 395 - Isn't Amazing!
Since Feb2011 lows of 73.40 - It has travelled in impulsive manner & completed choppy Intermediate wave-4 at 360 lows- which will be critical support for our next set of upside target initially 435-440 & cross of 440 -we shall come back.
Long Term Investment
We shall look for 570 where wave 1 equals wave 5 -which is the long term target & minimum expectation in 5-6 months.
Previous Update- Rocks from 435 to 395 WHat a slip
Since Feb2011 lows of 73.40 - It has travelled in impulsive manner & completed choppy Intermediate wave-4 at 360 lows- which will be critical support for our next set of upside target initially 435-440 & cross of 440 -we shall come back.
Long Term Investment
We shall look for 570 where wave 1 equals wave 5 -which is the long term target & minimum expectation in 5-6 months.
Previous Update- Rocks from 435 to 395 WHat a slip
Trade ativo
07:21 Hrs 26th April2017Last Price@403
We trail our stoploss below 380 from 360 which was critical support as stated in the main update.
Against 360 lows - It made recent low@384 & bounced - Moving next above 407 it should head in the desired direction.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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