Bajaj Finance Showing weakness on which There can be a correction coming out !
Points to analyse-
1. Bajaj Finance have a Double top Which indicates trend reversal or Correction.
2. Major Support / Roundoff Price / Fibonacci Comes at same levels with gives multiple confirmation of strong support !
3. Also there is a little unfilled gap which can be filled this time if market corrects !
4. Market is too up at this time after market averages - price have to come close to average to start new trend
5. There is a support nearby around 5330 If it breaks there are high probability that it can fall .
6. Even if we only follow Trendline after double top trend reversal indication the prices behaviour is to come near trendline !
That what i have analysed If you have any suggestion or queries please contact me freely on twitter or comments of this post !
Stay safe - Stay Healthy
Namaste
Comments
Leave a comment that is helpful or encouraging. Let's master the markets together
Points to analyse-
1. Bajaj Finance have a Double top Which indicates trend reversal or Correction.
2. Major Support / Roundoff Price / Fibonacci Comes at same levels with gives multiple confirmation of strong support !
3. Also there is a little unfilled gap which can be filled this time if market corrects !
4. Market is too up at this time after market averages - price have to come close to average to start new trend
5. There is a support nearby around 5330 If it breaks there are high probability that it can fall .
6. Even if we only follow Trendline after double top trend reversal indication the prices behaviour is to come near trendline !
That what i have analysed If you have any suggestion or queries please contact me freely on twitter or comments of this post !
Stay safe - Stay Healthy
Namaste
Comments
Leave a comment that is helpful or encouraging. Let's master the markets together
