BAJAJ FIN is downward trend expected by channel.

By looking at the daily chart shows a lot more clear vision of the next moment for investors' activities. The price is trading between value high to control price 1. I am thinking here profit booking and price can stay in condition if fall is not started but hard to move upside from here.

If the price starts to fall then the next target will be at previous resistance in 8595 and the gravitating target can be easy 8400.

We are thinking first target 9500 nearby is easy and then 9300-9200 possible. Taking a short position is not wrong now.

Buying in 9500 strikes put
option in step is not bad,
buy @ 95 and another buy @70 for
targets 132-189
Trade active: First target is going to achieve 9500 PUT of BAJAJFINSV. I have also updated TATASTEEL if you already short sold it.
Comment: bajajfinsvr is dieing....


ny email id is please share your telegram id I want to share some charting doubts if you can help
+5 Reply
Wow 9080.........
+1 Reply
Kinnari_Prajapati AvinashGoyal
Wow...its makiing good money hit 9300,
can i hold it for more gains?
+1 Reply
Kinnari_Prajapati AvinashGoyal
@AvinashGoyal, yeah...
Kinnari_Prajapati Kinnari_Prajapati
@Kinnari_Prajapati, wait to break down 9000... i am sure it will do it
+1 Reply
Dont short this stock. I dont prefer to short any stock which is in a strong moumentam. I will be buyer if this will sustain above 9700 on Monday.
+1 Reply
Kinnari_Prajapati Swapilchoksi
@Swapilchoksi, its now 8800
Swapilchoksi Kinnari_Prajapati
@Kinnari_Prajapati, Hi, Sorry u r late. this was 18th Jan story today in 1st feb. This was on my radar for trading not for investing. I am a trader and i dont wait for 15 days to achieve my targets specially in option buying :). any stock will go up tht will go down and retrace after some time, u can try some else if u wish well.
why short?
+1 Reply