Bajaj Finance Weekly Swing Idea (Short)
Bajaj Finance might retest the support & beyond. Here are the logic behind
1) Earlier attempt of breakout failed on weekly so bearish trend likely to
continue
2) Trading BELOW 50 EMA & 20 EMA on weekly &
BELOW 20,50 & 200 EMA on daily
3) Strong BEARISH ENGULFING CANDLE with sustained volume
(Note: Author not responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
1) Earlier attempt of breakout failed on weekly so bearish trend likely to
continue
2) Trading BELOW 50 EMA & 20 EMA on weekly &
BELOW 20,50 & 200 EMA on daily
3) Strong BEARISH ENGULFING CANDLE with sustained volume
(Note: Author not responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
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