Chintamoney

BAJAJ FINANCE - SELL SETUP on Hourly chart

Short
Chintamoney Updated   
NSE:BAJFINANCE   BAJAJ FINANCE LTD
BAJFINANCE

BAJAJ FINANCE - SELL SETUP FOR SWING TRADE

Trade Maturity expected Time : 1-15 days

As we can see the market tried to make double top but facing pressure from sellers , hence we are looking for opportunity to sell in expected correction if at all happens towards potential targets.

Buy and sell levels are indicated on charts with stop loss to be maintained for this trade setup.

Risk Reward is good enough and stop loss can be trailed in order to minimize risk if needed

Happy Hunting :)

Chintamani
Comment:
Got entry few minutes back in this short trade :) . Taken position via option and will trade with cash market levels as per above chart
Trade active:
Bought 6000-5500 different strike Puts by closing my stock position. Bought puts in next month. Stop loss for all put exits 6075 in cash market.

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