Hello Traders,
I am Talking about Bajaj Consumer Limited, a strong support and resistance zone is visible in it in the daily time frame.
The market had stopped at resistance with a strong sell-off, then came back to the resistance, that zone is not able to break, then the market is visible on the side zone.
Now the market has made a strong hold on the level of 133.15.
If the market does not break that support, then the market can go to the resistance level.
And if the market breaks the support line, then it can go to the level of 115, then it can go up to 120-125-.
And if the market moves up by touching the support then it can touch the 50 EMA moving average.
Target -(if the market breaks support) 129-125-120
(if the market doesn't break support) 145-150
Thank you!
Money_Dictators
Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
I am Talking about Bajaj Consumer Limited, a strong support and resistance zone is visible in it in the daily time frame.
The market had stopped at resistance with a strong sell-off, then came back to the resistance, that zone is not able to break, then the market is visible on the side zone.
Now the market has made a strong hold on the level of 133.15.
If the market does not break that support, then the market can go to the resistance level.
And if the market breaks the support line, then it can go to the level of 115, then it can go up to 120-125-.
And if the market moves up by touching the support then it can touch the 50 EMA moving average.
Target -(if the market breaks support) 129-125-120
(if the market doesn't break support) 145-150
Thank you!
Money_Dictators
Disclaimer: This is NOT investment advice. Invest your capital at your own risk.
