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TradingSutra

BAJAJ FINSERV: HEAD AND SHOULDER (BEARISH)

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BAJAJ FINSERV LTD (NSE:BAJAJFINSV)  
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NSE:BAJAJFINSV   BAJAJ FINSERV LTD
Trend Analysis Head and Shoulders bajajfinserve BAJAJFINSV short stocktrading Technical Analysis stockmarketanalysis stockstowatch
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trendanalysis headandshoulders bajajfinserve bajajfinsv short stocktrading technicalanalysis stockmarketanalysis stockstowatch
A clear pattern formation & its confirmation. Stock has formed a Head and shoulder pattern with neckline around 17200. Stock has already given a breakout in the previous fall & now retested the neckline and falling again. One should go short on current level with SL of 17900 & look for the target of 16300/15300 and the measured target of 15000 level.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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