Bajaj Finance - divergences and head and shoulder pattern

Bajaj Finance formed divergences on daily charts and beginning of a H&S pattern. Looks like heading back to 6500 levels over next few weeks

Dagangan aktif:

Short term bounce back but eventually heading down. So those that missed the trade can initiate fresh shorts at 7200. Book all profits at 30% gains and wait for next trade!

Dagangan ditutup: hentian tercapai:

Stop Loss reached. Look for short at higher level only

Dagangan aktif:

Fresh shorts taken for Bajaj Finance at 7400 put. Target 7150