BAJAJ FINANCE LTD
Long
Updated

End of Zigzag wave A.Get long for wave B rise.

Bajaj Finance has shown an impulsive decline and has finished it's 5 wave impulsive decline there by forming a ending diagonal in wave 5 in todays trading session.we also have a full moon today and full moon has produced bottoms in past.

One can go long at cmp of 5671 with a stop-loss of 5480 on the down side for targets of 6162 and 6372.

Disclaimer: This are just my view on the stock no positions should be taken on its basis,posting this for my future reference.
Note
TRAIL SL TO 5900
Note
TRAIL SL TO 6040
Trade closed: target reached

Disclaimer