In the bajaj auto, I could see a rising wedge which is a reversal signal.
- In a day chart, it has made LH and corrected up to 0.618 fib level.
- Also broken the wedge and restest are done.
Expecting a down move up to 2861 in the coming week.
Sell below 2981, target 2861
- In a day chart, it has made LH and corrected up to 0.618 fib level.
- Also broken the wedge and restest are done.
Expecting a down move up to 2861 in the coming week.
Sell below 2981, target 2861
Trade closed: target reached