rahul29rg

Short Opportunity in Bajaj Auto

Short
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
In 4Hr time frame BajajAuto showing Doji pattern with a long wick and increased volume . It could be the retest for the stock till the level of 3972 which also coincides with fib level of .618 at 3998. A candle close below the doji candle's low and other confirmation on lower time frames could give a good shorting opportunity. But if the candle closes above the previous high with volume and we can see strong momentum upside.
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