Since it’s a Flag pattern I am considering it as a high probability continuation pattern. Since higher volumes are observed during the Flag formation, the confidence level shown is not very high.
Kindly opine. Also, please guide as to how to take this trade, meaning after seeing the break-out EoD or place a Order to Buy above the Entry level, using may be a Buy Stop order.
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Stock Ticker – NSE: BAJFINANCE – Bajaj Finance Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 3518.10 Target 3693.10 Stoploss 3342.90
Analyst Rating – :3/5
View Posted on 2019-05-30
Hi,
Good spot. Keep up the great work!