TWO INSIDE-BARS IN BAJAJ-FINSERV SEPT FUT
SUMMARY
-FOR SOME REASON THE STOCK IS LOOKING WEAK
-STOCK RECENTLY BROKE ITS 2-MONTH TRADING RANGE
-ALTHOUGH IT MANAGED TO MAKE A SMALL-COMEBACK IN THE RANGE
-SETUP LOOKS WEAK
-TWO INDECISIVE CANDLES SUGGGEST A MOVE IS COMING
-IF LOW OF 6050 IS BREACH I EXPECT A DASH TOWARDS 5980-5820
-ON THE UPSIDE IF BREAK HAPPENS ABOVE 6250 I EXPLECT A DASH TOWARDS 6350-6425
-WAIT FOR PRICE ACTION
-BREAK IS GOING TO HAPPEN IN FEW DAYS EITHER ON THE DOWNSIDE OR UPSIDE
-ACTION LEANING MORE TOWARDS DOWNSIDE
-THE RANGE OF 2-MONTHS IS ALMOST 600 POINTS
-IF THE RANGE IS BROKEN DECISIVELY THEN I EXPECT A FALL TOWARDS 5500-5600
SCREENSHOT OF HOURLY TIME-FRAME
SCREENSHOT OF DAILY TIME-FRAME
-FOR SOME REASON THE STOCK IS LOOKING WEAK
-STOCK RECENTLY BROKE ITS 2-MONTH TRADING RANGE
-ALTHOUGH IT MANAGED TO MAKE A SMALL-COMEBACK IN THE RANGE
-SETUP LOOKS WEAK
-TWO INDECISIVE CANDLES SUGGGEST A MOVE IS COMING
-IF LOW OF 6050 IS BREACH I EXPECT A DASH TOWARDS 5980-5820
-ON THE UPSIDE IF BREAK HAPPENS ABOVE 6250 I EXPLECT A DASH TOWARDS 6350-6425
-WAIT FOR PRICE ACTION
-BREAK IS GOING TO HAPPEN IN FEW DAYS EITHER ON THE DOWNSIDE OR UPSIDE
-ACTION LEANING MORE TOWARDS DOWNSIDE
-THE RANGE OF 2-MONTHS IS ALMOST 600 POINTS
-IF THE RANGE IS BROKEN DECISIVELY THEN I EXPECT A FALL TOWARDS 5500-5600
SCREENSHOT OF HOURLY TIME-FRAME
SCREENSHOT OF DAILY TIME-FRAME
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*index update and oi analysis
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