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

BAJAJ FINSERV LTDNSE

Description

⋅ Jun 1, 2020 11:02 AM

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.