Trader-AJ

Bajaj Finserv - End of 5 wave move suggests pullback started!

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NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Bajaj Finserv completed 5 wave downmove from 9950 to 3985. Momentum indicator RSI shows strong positive divergence. Price has reversed sharply indicating start of a bounce back. A move back to its 38.2% retracement is likely.

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