Bajaj auto likely to correct more.

After stupendous rally bajaj auto has completed its
5 th wave and now in the process of correction.
It is expected to move lower in the 5 th wave of its
C wave.
This is only my study not any recommendation to buy and sell.
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Note
Not that this chart was prepared and posted after seeing its result.
This chart was worked out by me on tuesday night.It is on record.
Note
snapshot
Note
All is not over for bajaj auto.This is 4 th wave pull back of 3 rd wave.But it will taken time for its revival.4 th wave pull back of 3 rd wave mormally extends to the internal 4 th wave of 3 rd wave itself as shown by arrow.correction may time correction too,,
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