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NeeteshJain
Feb 23, 2016 9:06 AM

BAJAJ AUTO - THE BIG SHORT Short

BAJAJ AUTO LTDNSE

Description

In my opinion it is the most prominent sell for this year.

Point noted on Daily Chart,

1. Prices reached at previous resistance, (looking for selling tomorrow)

2. Bearish RSI Divergence

3. Triangle Breakout pattern on weekly and Daily Chart

4. Structure trading - Lower High and Lows

Right now, it is at the lowest risk to enter this one.

Cheers
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