Bajaj Finance SHORT Trade, Head & Shoulders TOP!
Attached: Hourly Chart
A Clear Cut Distribution Pattern is visible for Bajaj Finance. This Pattern is called the Head & Shoulders Top Pattern and is a Trend Reversal Pattern.
In this case, there is a BEARISH Implication
One can Short at CMP
Stop Loss above 7380
Downside Target open to 6900- 6800
Stay Safe
And Happy Trading!
If you like my work, then check out my profile and the other trade ideas that I have shared recently.
Any kind of support is appreciated :)
A Clear Cut Distribution Pattern is visible for Bajaj Finance. This Pattern is called the Head & Shoulders Top Pattern and is a Trend Reversal Pattern.
In this case, there is a BEARISH Implication
One can Short at CMP
Stop Loss above 7380
Downside Target open to 6900- 6800
Stay Safe
And Happy Trading!
If you like my work, then check out my profile and the other trade ideas that I have shared recently.
Any kind of support is appreciated :)
Trade closed: stop reached