CuriousChartist

BAJAJ FINSERV - Short Candidate 14Sept

Short
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Huge volume was witnessed during the day.
I suspect it was a trap by the FII's and the poor retail traders fell for it.

A rising wedge is usually a very good setup for WILD moves, hence I suspect that this support would be broken easily tomorrow (14 Sept 2022) owing to the #BankNifty Weakness.

Trade closed: target reached

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.