BAJAJFINSV DOUBLE TOP BREAKDOWN POSSILBE
SUMMARY*
*financials are looking weak
*both twins have shown a breakaway gap formation
*double top formation or the the "M" formation is clearly visible in a bearish channel
*wait for a breach below 16600-590 (spot) demand zone
*one can then take action
BAJAJFINSV FUT
SHORT@16590
STOP@16860
TARGET@16350-16000-16750
note
*trail stop to entry price when first target hits
*its volatile and news driven stock
*stay alert
*trade safe
*do not overtrade
*for more index and stock updates check the link in the signature box below
*already active shorts in bajfinsv in channel
👇👇👇👇👇👇👇👇👇
*financials are looking weak
*both twins have shown a breakaway gap formation
*double top formation or the the "M" formation is clearly visible in a bearish channel
*wait for a breach below 16600-590 (spot) demand zone
*one can then take action
BAJAJFINSV FUT
SHORT@16590
STOP@16860
TARGET@16350-16000-16750
note
*trail stop to entry price when first target hits
*its volatile and news driven stock
*stay alert
*trade safe
*do not overtrade
*for more index and stock updates check the link in the signature box below
*already active shorts in bajfinsv in channel
👇👇👇👇👇👇👇👇👇
Trade closed: target reached
FIRST TARGET HIT
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