BAJAJ FINSERV: HEAD AND SHOULDER (BEARISH)
A clear pattern formation & its confirmation. Stock has formed a Head and shoulder pattern with neckline around 17200. Stock has already given a breakout in the previous fall & now retested the neckline and falling again. One should go short on current level with SL of 17900 & look for the target of 16300/15300 and the measured target of 15000 level.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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@TRADINGSUTRA @WAVESUTRA
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tradingsutra.com
waveutra.com
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instagram.com/mansh_25
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twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA
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