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

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.