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Trader-AJ

Bajaj Finserv - End of 5 wave move suggests pullback started!

Long
BAJAJ FINSERV LTD (NSE:BAJAJFINSV)  
Trader-AJ  
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Trend Analysis Wave Analysis Chart Patterns
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trendanalysis waveanalysis chartpattern
Bajaj Finserv completed 5 wave downmove from 9950 to 3985. Momentum indicator RSI shows strong positive divergence. Price has reversed sharply indicating start of a bounce back. A move back to its 38.2% retracement is likely.
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