Bajaj Finance Ltd Technical Analysis Indian Stocks Market Bajaj Finance Ltd Technical Analysis Indian Stocks Market
Bajaj Finance is engaged in the business of lending and primarily deals in financing of two and three-wheelers, consumer durables, small business loans, personal loans, mortgage loans, loan against securities, etc.
Bajaj
BAJAJ AUTO BREAKS FAIL I personally feel that it is a Great opportunity to short this one at current levels.
On my personal view, I believe it has broke out from a consolidated triangle pattern and has also changed the trend by making lower highs. This seems as a trend change for this one.
1. RSI Divergence
2. Triangle breakout pattern
3. Structure confirmation of lower highs
On my personal view, I feel it is a big time short.