Bajaj Electricals a possible downtrend

By ruelfernandes
Updated
The price has closed below its consolidation phase and has closed below 9, 20, and 50 EMA mark.
Also it is nearing the lower band.
The price has good possibilities of falling down to the levels of 1141

Read and Understand the chart well
Trade closed: target reached
BAJAJELECbajajelecanalysisbajajelecshortbajajelectricalsbajajelecviewsChart PatternsTrend Analysis
ruelfernandes

Disclaimer