General Trading Chat

I had mentioned in this thread that Bajaj Finance has given a sequential buy signal 2days ago at that time.The price was 800-820 on that day...today it closed at 870.

It has given a 80-100 points move from the day on which the buy signal came,and that is 10-12% move :)It pays to track sequential on various stocks.

Smart_trade

Sir,

For Bajaj Finance, was both TD buy setup & count down got completed and then a buy signal or a buy signal after TD buy set up. Because, i read that price reversal is possible after both TD buy set up and also after TD buy countdown as below, so it is kind of confusing for me.

"When the 9 count is completed, it is at that point, a price pause, price pullback, or reversal is likely. It is also at that point where TD Sequential starts the second phase with TD Countdown and is completed with a 13 count. When the 13 count is recorded, it is at that point, a price pause, price pullback, or a reversal is likely"

Thanks
 

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