BAJAJ FINANCE LTDShort
BAJAJ FINANCE SHORT OPPORTUNITY
BAJAJ FINANCE HAS BEEN ON STRONG TREND. STOCK HAS BEEN TRADING IN A CHANNEL SLOPING DOWNWARDS SINCE APRIL 9TH, 2020. IT HAS REACHED TO UPPER RANGE OF THAT CHANNEL. SO, WE CAN EXPECT THAT STOCK MAY FALL FROM HERE. WE VAN ADD BEARISH CYPHER FORMATION TO CONFIRM OUR BEARISH BIAS ON STOCK.
SELL ENTRY: INR 2157 TO 2200 (BEARISH CYPHER BASED ENTRY)
STOP LOSS: INR 2321
TARGET-1: INR 2037
TARGET-2: INR 1940
TRADERS CAN LOOK FOR EXTENDED TARGETS UP TO RE-TEST OF LOWER RANGE OF CHANNEL AROUND INR 1900 MARK.
SELL ENTRY: INR 2157 TO 2200 (BEARISH CYPHER BASED ENTRY)
STOP LOSS: INR 2321
TARGET-1: INR 2037
TARGET-2: INR 1940
TRADERS CAN LOOK FOR EXTENDED TARGETS UP TO RE-TEST OF LOWER RANGE OF CHANNEL AROUND INR 1900 MARK.
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