BAJAJ FINANCE : case of ending diagonal

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After the panic fall bajaj finance made an ending diagonal as a wave c whose breakout given a massive upside rally. Current structure suggests that the stock is completing its 5th wave of 1-2-3-4-5 upmove as an ending diagonal. So one can short it on a rise near the level of 3810-20 with SL of 3150 for the target of previous 4th which is 3150.
Nota
typo ! SL of 3850
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Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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