Bajaj Finance: Morning trade recommendation analysis

Bajaj Finance was recommended as a short candidate in morning

The pattern we observed in morning 5 minute candlestick chart is called Bearish Dark Cloud Cover. ...

If you translate that in Hindi, "Kaale Baadal Chha Gaye hai" ;-)

The dialogue says it all, what to expect next, isn't it.??

The dialogue is used to depict not so good things to expect. So In Market what is not so good thing to expect...???

The answer is simple, it means the stock is poised to fall, and that is precisely what we have seen today and made the most from it...

So when ever you see this pattern, remember it is a sign to be cautious...

Do not just follow but learn from it as well...!!!

Happy learning...!!!