I think price should go down, but in short term there might be some increase in price.
In hourly chart price have divergence.
In weekly chart price in range, making several tops but not be able to break them.
P.S. Please like if you find any of these information helpful.
I think there is divergence, and stock could take support of 800 . Option Chain, though not like NSE:SBIN OI, indicates that price should go down.
Please comment, if you think my analysis has some mistakes. Any help would be appreciated.
Volume is also decreasing and MACD sell signal in 1hour time frame. NSE:BAJAJ_AUTO
D is support for the share for time being.
Stop loss is A and target is D
I think it would take 5 - 7 days to hit the target if it does hit it.
P.S: It's my first idea . Please feel free to mention your comment about the idea.