N50-ANALYST

Bajaj finance-Head and shoulder pattern

NSE:BAJFINANCE   BAJAJ FINANCE LTD
Bajaj finance-trading at the neckline of the head and shoulder pattern so a closing above ₹5300 will give Target of ₹5600/5800 and if the price slips and closes below 5200 then go short for Target ₹5000/4800/4600...wait for 1-2 days to check whether the neckline is broken or it is acting as a support
Comment: 1st target 5600 hit
Comment: Book 50% profit trail the rest to cost