Banknifty_viewer

Bajaj finance interesting formation

Long
NSE:BAJFINANCE   BAJAJ FINANCE LTD
Bajaj finance is looking for an interesting move . I feel its travelling in a channel inside a wedge . Which is almost totally looking like a right shoulder of an inverted H&S pattern. Above 6850 it looks like preparing for an uptrend .
This view is purely for an upcoming view not (immediate or intraday basis ) which we have to wait and observe in larger TF
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.