In the bajaj auto, I could see a rising wedge which is a reversal signal.
- In a day chart, it has made LH and corrected up to 0.618 fib level.
- Also broken the wedge and restest are done.
Expecting a down move up to 2861 in the coming week.
Sell below 2981, target 2861
- In a day chart, it has made LH and corrected up to 0.618 fib level.
- Also broken the wedge and restest are done.
Expecting a down move up to 2861 in the coming week.
Sell below 2981, target 2861
Trade closed: target reached
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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.