Pattern_Study

BajajFinserv - Weakness on Closing Below 8711 Fib Retracement

Short
NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Bajaj Finserv has had a fantastic run in November however last four trading days of November it has not been able to cross blue trend line which signifies long term wedge it was following pre covid.

Barely keeping above the 78.6% Retracement Level and failing to close above trend line .

Look to short on closing below 8711 for a decisive down turn till ultimate level of 7055