PrabhatMishra

EMA Crossovers and S&R strategy

NSE:BAJFINANCE   BAJAJ FINANCE LTD
As we can see there is a channel breakout with a high volume in November which is supported by EMA crossovers and if we place 200, 100 moving average & pivot points it's giving great support there.
Moving further after a pullback there is a support and resistance forming, after the breakout of the resistance again with high volume, there we can see (1/3/2021) many supports are forming i.e 50 EMA and previous resistance is acting as a support and now it's forming a flag pennant chart pattern, Looking forward to its next movement

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.