The chart a higher top is witnessed at 22/6/18, and a successive Higher bottom seen at 2/7/18 with above average volume, qualifying as a Buy zone or a bullish trend, since a demand>supply has been identified therefore a long position can be assumed . So an entry point considered at 6193, and place the stop loss at 5793In .5, and set the target at 6697.7, allowing a profit margin of 100 with respect to stop loss. With the target achieved at 20/07/18.
Bajaj Finserv-Bullish-Dow Theory.
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Stock Analysis
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Bullish View
Bearish View
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Hi sir,
Thanks for posting your analysis… It’s always good to mark all major tops and bottoms with two years of data.