BULLS CONQUERING BAJAJAUTO ?!!!!

Chart Patterns insist me the above titled opinion.

Reasons:

1.Inverted Heads & Shoulders pattern in both Weekly and Daily time frame.
2.Major Trendline(Purple) supporting from March 2020 till now.(taking support now)
3.Triangular pattern waiting for a breakout.(probability more)

Targets and SL levels(less risk) mentioned @ Chart.
Better to go with closing price of daily candles for SL.

Entry can be now or after a daily candle bullish breakout above the yellow trendline.

Weekly candle closing below the purple major tendline would favour the bears .

Let's see how it pans out!!!!

Note: Just sharing my view....not a tip nor advice!!!

注释

Perfect breakout out of that yellow trendline....

交易结束：到达止损

MAJOR trendline support broken....weekly close below the trendline....time to
short??? but volume seems to be the problem for breakdown... let's wait and watch!!!

注释

Bulls fighting hard(GOOD VOLUMES)!!!
Close below 3460 paves way for the Bears...
Close Above 3800 - it's going to be Bulls march!!

注释

Looks like a DOUBLE BOTTOM!! in Weekly timeframe.(Low & Higher low too formed)
This Week candle may be the decider!!!

注释

bulls magic!!!

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Previous weekly candle - Breakout candle
Now, Higher high formed!!!!
Bulls conquered!!!