nextgen

Bajaj Auto seems to retrace up to 50% of Fibo.

Short
NSE:BAJAJ_AUTO   BAJAJ AUTO LTD
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Bajaj Auto breaking the channel and retesting the resistance repeatedly and struggling to break resistance 2860.00, it is looking weak to go further and may approach to its near term support and 50% retracement to somewhere 2650-2648. risky trader may go short at current level conservative trader should enter above 2870.00.