1. Nearly 32% down from 52 weeks high . 2. In daily candle closing is up from last 2 day closing making a reversal pattern 3.Daily RSI is upward after consolidation for a long period of time . 4. Weekly candle is showing end of selling wave . 5. According to Fibonacci Bajaj-auto can move to its golden ratio of Fibonacci
1. Extremely over brought in daily as well as in weekly chart . 2. Can correct to 8250 .