Bajaj Finance - consolidating nicely at all-time high levels after an IH&S breakout. Stocks in a strong uptrend must always be looked at from a bullish perspective with every pattern formation. Waiting for a nice breakout here.
More from Steve Nison
You are seriously missing a lot of information if you are not maintaining a trading journal. It is much better if you also take a snap of the charts you trade for the post-analysis.
This exercise will tell you about your inherent strengths & weaknesses. 👇👇
This exercise will tell you about your inherent strengths & weaknesses. 👇👇
How to record a trading journal (TJ) & what to analyze?
— The_Chartist \U0001f4c8 (@charts_zone) December 14, 2021
What is in a TJ?
Buy Date
Stock Name
The time frame you analyzed (D/W/M)
Long/Short?
Buy Price
SL
Sell Price
Risk took (% of capital)
Sell date
No. of days held
P/L
P/L as % of capital
Buy Reason?
Invested capital/trade pic.twitter.com/WnrvmYuOV0
More from Bajajfinance
Fresh Chart
NSE:BAJFINANCE 7745
1. Breakout in Pole and Flag pattern at ATH
2. Volume and Price Confirming the Breakout
3. Support near 7400-7300 level
4. Next levels to watch 8200-8400
#TechnicalAnalysis #StocktoWatch @nakulvibhor https://t.co/MSBIQPAEL4
NSE:BAJFINANCE 7745
1. Breakout in Pole and Flag pattern at ATH
2. Volume and Price Confirming the Breakout
3. Support near 7400-7300 level
4. Next levels to watch 8200-8400
#TechnicalAnalysis #StocktoWatch @nakulvibhor https://t.co/MSBIQPAEL4
14. Bajfinance- Daily Chart pic.twitter.com/ottmZN2YGh
— Mr. Chartist (@Mr_Chartist) December 24, 2020