Bajaj Finance is reversing from the resistance at the 50% retracement levels. Also it is moving within a downward channel and is reversing from the upward end of the channel. Logic is to go short for a target at the lower end of the channel.
Target - 950 SL - 1100
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Trade Closed as Bajaj Finance moved outside the lower trending channel. But i bought few on the downside luckily :)