Finally BAJFINANCE break down in descending triangle with huge volume and sitting at the major support. we can expect a gap down on Monday session and there could be some retracement(or contines the downward direction) towards the resistance. If the downward trend continues 1st target is 1601.
yes you are right ,
i am going exit my shares on monday
Thank for sharing info
sammidude
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can you please tell me stop loss for this trade
Mayankpali
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Could you please how you arrived at target 1601. Asking for knowledge .
MercySamurai
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@Joker1989, There is a good support by seeing the reversal candles at around 1600 level with huge volume on 11 aug 2017 and feb 2018(also consolidation). Since round numbers are not preferable I increased it by one.