Get started
AkhilSuryaFS

BAJAJ AUTO | Double Top pattern

BAJAJ AUTO LTD (NSE:BAJAJ_AUTO)  
AkhilSuryaFS  
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
Trend Analysis Chart Patterns Technical Indicators bajajauto BAJAJ_AUTO bajaj bajaj-auto BAJAJCORP
8
0
trendanalysis chartpattern indicator bajajauto bajaj_auto bajaj bajaj-auto bajajcorp
Double Top pattern spotted in Bajaj Auto. If the pattern is confirmed by breaching 2900 levels, the stock can be expected to fall nearly 7% towards 2710. Do notice that rising Trendline is broken.

Apparently, 61.8% FIB falls at 2710 making it a considerable support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.