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T_Harth
Sep 28, 2022 8:47 AM

Bajaj Finance SHORT Trade, Head & Shoulders TOP! Short

BAJAJ FINANCE LTDNSE

Description

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!

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Trade closed: stop reached

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