Cyber Monday saleUp to 70% OFF
BAJAJ FINANCE LTD
Short

Bajaj Finance - divergences and head and shoulder pattern

By Tradevenger
Updated
Bajaj Finance formed divergences on daily charts and beginning of a H&S pattern. Looks like heading back to 6500 levels over next few weeks
Trade active
Short term bounce back but eventually heading down. So those that missed the trade can initiate fresh shorts at 7200. Book all profits at 30% gains and wait for next trade!
Trade closed: stop reached
Stop Loss reached. Look for short at higher level only
Trade active
Fresh shorts taken for Bajaj Finance at 7400 put. Target 7150
bajajfinanceChart Patterns
Tradevenger
Also on:

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.