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NeeteshJain
Feb 16, 2016 4:28 AM

BAJAJ AUTO BREAKS FAIL  Short

BAJAJ AUTO LTDNSE

Description

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.
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