BAJAJ FINANCE failed to break resistance, can fall till 6600

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BAJAJ Finance could not cross the weekly resistance line and fall from that line was sharp.

BAJAJ FINANCE have also completed the motive wave of elliot, the corrective wave is pending. We can take short trade using dotted green line as stop loss and can initiate a short trade in this counter.

Disclaimer - The above idea is only for education purpose.
Trade attivo
Red resistance dotted line is still holding (Stop Loss)
bajajfinanceElliott WaveWave Analysis

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Declinazione di responsabilità