BAJAJ AUTO Shortterm VIEW BEARISH
After a good run from Rs.4,000 (in APRIL 2023) Stock has doubled and more to Rs.10,000.
Along the journey We have seen small consolidations at Rs.8,500-9,300 and stock reached Rs.10k After that we have seen a small dip towards 8,800.
Now its forming a HNS Pattern in Weekly TF.
I expect a Downside correction to 7,000-7,300 Zone.
I also believe Automobile Sector will go through some consolidation.
Along the journey We have seen small consolidations at Rs.8,500-9,300 and stock reached Rs.10k After that we have seen a small dip towards 8,800.
Now its forming a HNS Pattern in Weekly TF.
I expect a Downside correction to 7,000-7,300 Zone.
I also believe Automobile Sector will go through some consolidation.
Trade active
EVERYTHING ON TRACK.
STOCK REACHED 8,800 .
Trade-on !! 🔛📈📉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade-on !! 🔛📈📉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.