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
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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
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Stop Loss reached. Look for short at higher level only
Trade active
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Fresh shorts taken for Bajaj Finance at 7400 put. Target 7150
Cup and handle pattern has failed on charts, check 5 authors have posted same strategy, Markets have falsified those views, anyways, what are tomorrow's view for this stock. Good on sell side? In this bear rally, BF has not participated much rather pvt banks did.